(Solved):Q: 1.Jul 18 Debit(?…

 

Question

Question
1.Jul 18 Debit(?) Credit(?)
2.what’s the difference between return inwards and outwards

 

EXPERT ANSWER

Step 1

Definition:

Purchase Returns:

If the goods are not in good condition , damaged etc the trader returns the goods to supplier.

These are called purchase returns.

Step 2

Purchase returns are called as Return outwards.

These purchase

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