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What will be the general entry for purchase return? What
will be the general entry for sales return?
- 3 Answers
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Answer / manab
Creditor A/C ............. Dr
to purchases return
Sales return A/C ............. Dr
to debtor A/C
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / santosh
Purchase A/C dr
To cash(Bank) A/C
Cash A/c dr
to Purchase return A/C
Cash A/c dr
to Sales A/C
Sales return A/c
to Cash a/c
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / guest
for purchase return
Cash dr
To purchse ret.
For sales return.
Sales ret dr
To cash
| Is This Answer Correct ? | 5 Yes | 0 No |
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