Write journal entry for return goods to ramesh and bros 1500
Answers
Answered by
6
Ramesh and bros ac debtor
Purchases return ac
Purchases return ac
Answered by
1
The goods returned to the seller is refereed to us as return inwards it is credited by the seller, in this case Rmesh will credit his account by 1500 on an entry called return inwards. on the other hand bros will debit is account by an entry called returned outwards. the good to be returned may not have met the customers quality satisfaction.
Similar questions