Accountancy, asked by abhirajstajane5, 10 months ago

return outward which account posted in final account​

Answers

Answered by Dopemahila678
1

Answer:

Trading a/c Dr. side

thanx ❤mark me as brainliest plz _/\_

Answered by clicker786
0

Answer:

return outwards is also known as purchases returns. this is recorded under the income statement( profit and loss account). it is deducted from the purchases. purchases returns  have a credit balance as the goods that were once bought from the seller were returned to the seller.

Similar questions