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The Sale Returns Book records
- a)The return of goods purchased
- b)Return of anything purchased,
- c)Return of goods sold.
- d)None of the above
Correct answer is option 'C'. Can you explain this answer?
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The Sale Returns Book recordsa)The return of goods purchasedb)Return o...
The Sale Returns Book
The Sale Returns Book is a type of subsidiary book used in accounting. It is used to record the return of goods sold to customers. The book is also known as the Return Inward Book or the Sales Return Book.
Purpose of the Sale Returns Book
The purpose of the Sale Returns Book is to record the returns of goods sold to customers. It is important to keep track of these returns because they affect the revenue and cost of goods sold. The book provides a record of the returns so that they can be properly accounted for in the financial statements.
What is recorded in the Sale Returns Book?
The Sale Returns Book records the return of goods sold. This means that it only records the returns of goods that were previously sold to customers. It does not record the return of anything else, such as office supplies or equipment.
Why is option C the correct answer?
Option C is the correct answer because the Sale Returns Book records the return of goods sold. It does not record the return of goods purchased or anything else purchased. The book is used to keep track of the returns of goods sold to customers and is an important tool in accounting for these returns.
The Sale Returns Book is a type of subsidiary book used in accounting. It is used to record the return of goods sold to customers. The book is also known as the Return Inward Book or the Sales Return Book.
Purpose of the Sale Returns Book
The purpose of the Sale Returns Book is to record the returns of goods sold to customers. It is important to keep track of these returns because they affect the revenue and cost of goods sold. The book provides a record of the returns so that they can be properly accounted for in the financial statements.
What is recorded in the Sale Returns Book?
The Sale Returns Book records the return of goods sold. This means that it only records the returns of goods that were previously sold to customers. It does not record the return of anything else, such as office supplies or equipment.
Why is option C the correct answer?
Option C is the correct answer because the Sale Returns Book records the return of goods sold. It does not record the return of goods purchased or anything else purchased. The book is used to keep track of the returns of goods sold to customers and is an important tool in accounting for these returns.
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The Sale Returns Book recordsa)The return of goods purchasedb)Return o...
See what's written there 'Sales Return Book' it means that the sales we have made earlier is returned back to us . so that's why correct option is "C" means return of sold goods.
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The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Sale Returns Book recordsa)The return of goods purchasedb)Return of anything purchased,c)Return of goods sold.d)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
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