Question

purchase return may be ascertained from​

Answer 1

Purchase return account is a Contra -expenses

Explanation:

                      A purchase return happens is when the buyer of stock , stock , settled resources , or other things sends these merchandise back  to the dealer . Over the top buy returns can meddle with the productivity of a trade ,. so they ought  to be closely checked. A purchase account may be a contra - expense account ; hence it can be never have a charge adjust . The balance will either be zero or credit  . The most preface behind bookkeeping for purchase return is to reflect the books as in the event  that no purchase had been initially  made. The return process start when a customer decides they are not happy with the product and may be product was damaged , or in the case of apparel, it might just be the wrong size and color.