purchase returns A/C dr to purchase A/C cr

WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS
OF PURCHASER & SELLER

Question Posted / ramu

Answer Posted / ramu

purchase returns A/C dr

to purchase A/C cr

Is This Answer Correct ?

1 Yes

9 No

Please Help Members By Posting Answers For Below Questions

Expand---------EDP

2428

Expand-------NAST

2113

what is the meaning of Processing Vendor/Employee payments

2872

Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1889

company accounts introduction?

2615

Is commodities transaction tax a permissible business expenditure? Explain

2169

Do v call director in the partnership firm?

2095

WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

2043

which kind of expenses or Income will come under direct expenses or Income ?

2022

what is the organisation chart for accounting and finance ?

2329

what is the difference between planned and non planned budgt

1948

What exactly is derivatives segment. can u explain futures and options with examples...

2590

What is payment/receipt/period accruals?

1676

What are direct income and indirect income

1993

why specifically inited states ?

1820