what is the entry passed for sales return (sales is on
credit basis)?

Answer Posted / chalapathi rao govada

Sales Returns A/C DR
To personal name

being slaes returns are booked)

Is This Answer Correct ?    17 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is meant by Nostro Reconciliation

1641


Expand------------STRA

1629


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

1599


• What are the types of cash flows?

1712


What is a bad credit score?

1615






A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1497


hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

1901


Is advance paid wages has credit balance?

1089


what is tds rate of WCT applay for sale tax ragistard company.

2054


If income and expense both are equal then what it depicts

1526


payroll calculation procedure explain completely?

2047


tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?

4292


what is payment method?How many payment method we can assign to company code.

1250


In case of new admission of partner what will be the adjustment for the sharing ratios

1608


Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?

1903