Multiple choice

Returns inward is also known as

  1. purchase returns

  2. sales returns

  3. income returns

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 It is a sales returns as goods have come in. Suppose goods worth Rs 12,000 are sold to Mr C and he returns the goods worth Rs 1,000 to us, the goods worth Rs 1,000 are Returns Inwards as they have come in.

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