Accountancy, asked by pateljayshri968, 8 months ago

defination of purchase return account

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Answered by rudrapurohit32

A reduction in the cost of goods purchased that is allowed by the supplier based on the authorized return of goods. Also a general ledger account in which the purchase returns are recorded under the periodic inventory method.

Answered by singhanita1103

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defination of purchase return account​

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defination of purchase return account