Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Sales Return is asset or laibility

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

company accounts introduction?

2633


what do u mean by comparative budget?

1948


What is the Branch Accountant Responsbilities ?

3569


What is mean by Reserve on Consolidation?

28094


outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1891


Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry

1898


Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

2016


Short Answer on __________Leverage

2115


Exapnd--------RAN

2205


what is contigent liabilities? whats it status in balance sheet?

2195


what are your plans after completing your MBA (or) studies ?

1975


can any one send me payables real time scenarious or any projects

2079


What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?

2182


how will i develop my fears in interviewd?

2007


Expand---------DBPC

2138