Why is it advisable to use a Purchase Returns and Allowances account when a similar end result

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Why is it advisable to use a Purchase Returns and Allowances account when a similar end result may be achieved by crediting the Purchases account when goods purchased are returned to the suppliers?

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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