If sales return is understated, it implies that ---------...
If sales return is understated, it implies that ------------------------------ is overstated
Return inward
Sales figure
Cost of sales
Return outward
Correct answer is B
This is so because returns inwards are deducted from sales to ascertain the actual sales made after subtracting defected goods
Use the following information to answer the given question. \(\begin{array}{c|c} & & N \\...
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Opening stock---------2,300 Purchases-------------11,874 Sales--------------------18,600 Closing ...
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