Interested to Buy Any Domain ? << Click Here >> for more details...
Sales Return is asset or laibility
- 5 Answers
- 29826 Views
- IBM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
Sales Return is our Asset. because When we received our
Goods we will debit Sales Return So it will be Asset. But
this will not come to Balance Sheet. It will come to Profit
& Loss A/c
| Is This Answer Correct ? | 36 Yes | 9 No |
Answer / smitha kunder
sales return is an asset ofcourse. becouse we receive back
goods supplied by us..our stock s raised by the same qty...
| Is This Answer Correct ? | 16 Yes | 2 No |
Answer / qamar ali
Sale return is our asset because it is the part of our
assets which was sold.When it comes back our assets increase
an we debit it.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / rajesh
sales returns is asset to the company though it will not
shown in the balance sheet and it will be shown in p&l a/c
| Is This Answer Correct ? | 6 Yes | 5 No |
Expand ________CAFR
Short Answer on _____________Accident Insurance
what is buy back of share & why a company go for it?
whats is depreciation? formula for calculating deprecation ?
What are the Trading A/c Components and let explain about Trading account and Profit & Loss Account
Expand C I N
Expand ------PUC
I am a new person to Accounting but i want to learn it. Pls help me by sending BASICS Information,reference books and websites.
What is meant by budget? Explain briefly
EXPAND___________MDS
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
Why would dividend declared not be included when calculating net income?
Audit 
