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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