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IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE
TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE
RETURN"

Answer Posted / yash

Sales return under sales head
and purchase return under
purchase head. Coz its related
sales and purchase and effect
trading account if you don't do
it that purchase return direct
effect purchase account and
never know exact amount of
purchase.

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