CBSE Class 11-commerce Answered
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 | 29 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 | 31 Jul, 2017, 10:36: AM
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