Question

Return inward account is a

1.personal a/c
2.real a/c
3.nominal a/c

and state that it is recorded as a "asset, liability, expenses/loss or revenue".

Answer 1

it is an nominal account and expense account as it is a loss for the company

Answer 2

Answer:

Nominal a/c

Explanati

When Purchase a product don't like the product return it was loss my a/c is called nominal a/c