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What is the difference between purchase return and sales return?

Asked by Topperlearning User 7th June 2016, 10:32 AM
Answered by Expert
Answer:

When goods are returned to the suppliers because of defective quality, it is called as purchase return or return outwards.

When goods are returned from the customers because of defective quality, it is called sales returnor return inwards.

Answered by Expert 7th June 2016, 12:32 PM
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