Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the journal entry purchase return in the books of
Purchase

Answer Posted / hanumantha

In the Purchase Book:
Debit the Vendor xx
Credit the Purchase Return

In the Sales Book:
Debit the sales Return
Credit the Customer xx

Is This Answer Correct ?    40 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i want the difference p&l a/c and Income and expediture statement

2094


EXPAND___________NPO

1892


Suppose the production is more and sales less then what will happen

1949


what are the accounting ratios

2455


How do you handle lack of direction or working in chaos

2050


as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes

4083


Difference between nonoperating expentiture and non cash expenditure

2396


differnce between the 4.7 & 6.0 versions?

2161


what is difference between venture capital financing and equity financing?

2118


why do we charge the depreciation

1468


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1795


who is the pramotar?

1988


differed tax liability

1888


Short Answer on -----Trade mark

1917


how to do the recurring entries or steps to follow that

1974