Why is a sales return or allowance usually recorded in the Sales Returns and Allowances account rather
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Why is a sales return or allowance usually recorded in the Sales Returns and Allowances account rather than being debited to the Sales account?
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This is because it would be easier to assess the sales return in a month or period of a...View the full answer
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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