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Determine about the Sales returns and allowances
Allowance results when a buyer decides to keep defective or damaged goods though at a reduction from the original price.
Return results when a buyer returns part, or all of the order
Recording Sales Returns and Allowances
A Credit Memorandum is original document
WHAT DO YOU MEAN BY CUM- INTEREST PRICE
Just i need a news about public interest theory which is after 1 Mar 2013 for my assignment.
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Q. Explain about Purchase returns and allowances? Purchase returns and allowances A purchase return takes place when a buyer returns merchandise to a seller. When a buyer recei
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trial balance as at may 31 19*6 dr cr sales 400000 purchases 350000 sales return 5000 purchases return
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