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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 / 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



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