Goods purchased when returned to the suppliers, as they are not as per the specification, are defective or because to any other reason are termed as

Purchases return

Return inwards

Sales

Sales return

Asked by rahulkumarnh2001722780 | 29th Jul, 2017, 07:00: PM

Expert Answer:

Lets analyse the above question thinking You as the Busines. You purchased goods means Purchases for You and when You returned these, it would be regarded as Purchases Return. Return Inwards and Sales Return both are the same thing and not the answer.

Answered by Nikhil Sehgal | 31st Jul, 2017, 10:36: AM

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