Question

The Sales Return Book records 


(i) The return of goods purchased

(ii) The return of goods Sold on credit

(iii) Both (i) and (II)

(iv) None of these

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Answer 1

Answer:

Definition and Explanation: Sales returns book is also called returns inwards book. It is used for recording goods returned to us by our customers. The ruling of this books is exactly as for sales day book.

Answer 2

Answer:

option iii.

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Explanation:

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