Goods returned by a customer are recorded in the "Return Inward" account. This account is used to track the value of goods that customers have returned to the business. It reduces the overall sales revenue. By debiting the Return Inward account, the company acknowledges the reduction in sales and properly reflects the returned goods in its financial records.
__________ launched the e-Sawaari India Electric Bus Coalition, in partnership with Convergence Energy Service Limited (CESL) and World Resources Instit...
What was the theme of World Food Day 2021?
Who is the author of the book ‘Quest for Restoring Financial Stability in India’?
Which country has agreed to import 500,000 tonnes of wheat from India?
Who has been appointed as the first woman field director of Kaziranga National Park?
The first undersea tunnel of India will be built in which city?
The initiative to remove exotic plants from Chinnakkanal forests is primarily intended to:
How much amount has been allocated in the Budget for priority capital investments towards energy transition and net zero objectives, and energy security...
What is the projected value of the Current Account Deficit (CAD) for the July-September 2024 quarter?
Who has been re-appointed as the Solicitor General of India?