Interested to Buy Any Domain ? << Click Here >> for more details...
IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE
TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE
RETURN"
- 10 Answers
- 19989 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / muhammed unais bp
sales returns comes under indirect expence,purchase return
comes unde the indirect income.
| Is This Answer Correct ? | 24 Yes | 8 No |
Answer / patvinder singh
Sales Return is less from sale or show in debit side of
trading account
&
Purchase retrun less from Purcahse or show in credit side
of trading account
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / venkata subbaiah
SALES RETURN COMES IN SALES A/C (HEAD)AND PURCHASES RETURN
COMES IN PURCHASE A/C (HEAD)
| Is This Answer Correct ? | 13 Yes | 2 No |
Answer / sanjay ramesh manglorkar
SALE RETURN COMES UNDER SALE A/C (HEAD)
PURCHASE RETURN COMES UNDER PURCHASE A/C (HEAD)
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / anwar
sales returns & purchase returns comes in trading account.
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / venugopal redddy
Sales Returns: Trading a/c Dr or less Sales
Purchase Returns: Trading a/c Cr or Less Purchases
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / d.c.venkata subbaiah
IF CASH-IN-HAND COMES IN CURRENT ASSET BUT
SALES RETURN COMES IN SALES A/C(HEAD)
PURCHASES RETURN COMES IN PURCHASE A/C (HEAD).
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / 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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / srinivas rao
Sales return comes in profit & loss account under income
head and purchase return comes in profi & loss account
under expenditure head
| Is This Answer Correct ? | 9 Yes | 12 No |
Answer / pradeep ojha (escorts)
sales return comes in liabilities and purchase return comes
in assets side.
| Is This Answer Correct ? | 1 Yes | 4 No |
Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply
why funds management doc is generated during migo and miro
Mention all examples of Assets and Liabilities in a Balance Sheet?
Short Answer on _________Accounts Receivable
Expand---------EDBC
how standard costing techniques are applied in manufacturing sectors
why should we are preparing BRS
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
comen test paper for accounts
How to calculate india GDP growth rate?
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
if any one accounts and finance books please inform me through email rbharath1978@gmail.com please
Audit 
