Question

what is sales return book or return inward book???

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Answer 1

Return inward book is known as sales return book. Sales return book is a subsidiary book which records goods returned by the customers (i.e. debtors) and which had been sold on credit. Sales return book does not record return of goods sold on cash basis nor does it record return of any assets sold.

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answered by, Rijit.

Answer 2

Answer:

Sales return book also known as Return Inwards Book is one of the eight subsidiary books in accounting. It is the original book of entry where transactions related to return of goods sold are recorded. Unless the returns are taking place frequently, the transactions can be recorded.