Business Studies, asked by nakpodiadivine, 9 months ago

Returns made on sales are called

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Answered by ajrawat2525

Answer:

Sales Returns and Allowances is a contra-revenue account deducted from Sales. It is a sales adjustments account that represents merchandise returns from customers, and deductions to the original selling price when the customer accepts defective products.

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Answered by anki4615

Answer:

Sales returns and allowances is a contra- revenue account deducted from sales.

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