WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS
OF PURCHASER & SELLER

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WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / satyaki_raju@yahoo.com

In the books of Purchaser
Seller a/c dr
To Purchase Returns
(Being return to seller )
In the books of Seller
Sales Return a/c dr
To Purchaser a/c
(Being receipt of goods return by the purchaser)

Is This Answer Correct ?    32 Yes 5 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / prasad vvn

In the books of Purchaser
Seller a/c Dr.
To Purchase Returns a/c

(Being Purchase returns to seller)

In the books of Seller

Sales Returns a/c Dr.
To Purchaser a/c

Is This Answer Correct ?    20 Yes 3 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / adit

in the books of purchaser or customer

vendor or seller a/c dr
To purchase return


in the book of seller or vendor

sales return a/c dr
To customer or purchaser

Is This Answer Correct ?    13 Yes 1 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / vinusha

By sales return a/c Dr
To cash a/c

Is This Answer Correct ?    2 Yes 1 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / surendhar

purchase return?
Sundry Creditors A/C -----Dr
To,purchase return A/C

Sales return ------Dr
To,Sundry Debtors


me.surendhar@gmail.com

Is This Answer Correct ?    2 Yes 2 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / sathish kumar

purchase return a/c dr
to cash a/c

Is This Answer Correct ?    0 Yes 2 No

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER..

Answer / ramu

purchase returns A/C dr

to purchase A/C cr

Is This Answer Correct ?    1 Yes 9 No

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