ACCOUNTING I Dersi Merchandising Operations soru detayı:

PAYLAŞ:

SORU:

What do you know about " Purchase Allowances "?


CEVAP:

Unsatisfactory goods are not always returned back to sellers, in some cases buyers may keep them in exchange for a reduction in price. This price reduction causes a decrease in the liability of buyer and is deducted from the cost of purchases, with the help of “Purchase Returns & Allowances” account.