Sale return is also know as return inward. Owing to fault in our sold goods, customer sends us goods which increases our inventory and it is the reduction of customer's debt, if he bought goods on credit from us. Otherwise, we return his money. Return inward indicates that quality of our goods is not good and we have to improve it.
AUTHOR:
Vinod Kumar ( Educator )
Vinod Kumar (born March 30, 1980) is an Indian Educator who is founder of SvTuition and Accounting Education a free online accounting education platform and an organisation with which he has written over 5000+ contents and video teaching lessons a wide subjects, focusing on accounting, finance, mathematics and science. Read more at https://www.svtuition.org/p/vinod-kumar.html
COMMENTS
.
MBA Financial Management Notes
Facebook Followers
The Greatest Accountant in the World eBook
Download Now »
Tips for Better Management of Money eBook
Download Now »
Download Now »
Tips for Better Management of Money eBook
Download Now »