pls friends pass journal entry for purchase returns to x
with example?
Answers were Sorted based on User's Feedback
Answer / naveen
purchase return a/c dr
to abc a/c cr
because the goods what we purchase again we returning to the trader i.e the goods whom recived according to rules of accounting debit the reciver and credit the giver .so goods are return to the trader
| Is This Answer Correct ? | 0 Yes | 4 No |
What is an adjusting journal entry?
what is cost price formula ????
What are the important things to be remembered while preparing a bank reconciliation statement?
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?
2 Answers Bank of Maharashtra,
what are fund flow statements
Can pls tell me difference between simple cash book & accrued cash book?
Difference between Journal and Journal Proper???
why only 6 months interest is charged on drawings
What is accounting & why it is used?
Mutual Funds
what is the journal entries of payable?