what is purchase returns?
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•Purchase goods may be returned due to any reason by businessman is called purchase returns.
•It is also called Return outward.
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Hlo dear.
purchase returns journal (also known as returns outwards journal/purchase debits daybook) is a prime entry book or a daybook which is used to record purchase returns. In other words, it is the journal which is used to record the goods which are returned to the suppliers. The source document which is used as an evidence in recording transactions into purchase returns journal is the Debit note......
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