Accountıng I Deneme Sınavı Sorusu #1313796
_____ exists when sellers allow purchasers to return merchandise that is defective, damaged, or under-performing.
Which of the following best complete the statement above?
Accounts payable |
Purchase allowance |
Purchase return |
Purchase discount |
Payment of liability |
Yanıt Açıklaması:
Usually, customers are allowed to return the goods to the sellers in any unsatisfactory situation, such as defective, damaged or under-performing products, etc. Purchase returns exist when sellers allow purchasers to return merchandise that is defective, damaged, or under-performing
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