When a buyer pays freight charges for goods returned to a supplier (purchase returns), the question arises as to which account should be debited. While it relates to a purchase, the return aspect suggests it might be treated differently. The discussion clarifies whether this should be posted to Freight Inward or Freight Outward.
21 December 2023
Which account will be debited in case of freight paid for transporting goods returned to supplier(Purchase Returns) in the books of the buyer.