WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS
OF PURCHASER & SELLER
Answer Posted / prasad vvn
In the books of Purchaser
Seller a/c Dr.
To Purchase Returns a/c
(Being Purchase returns to seller)
In the books of Seller
Sales Returns a/c Dr.
To Purchaser a/c
| Is This Answer Correct ? | 20 Yes | 3 No |
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