sir i want to ask ..while preparing debtor a/c we adjust sales return thereby getting cr sales
then we add cr sales + cash sales = net sales but in trading a/c we again deduct sales return from sales even though we have already deducted it while preparing debtor a/c why?
In Incomplete Accounts we prepare Debtors Accounts for getting Credit sales. we put sales return on credit side of debtors account and after putting other things such as cash recd. BR recd etc. we get credit sales as Balancing Figure.
This credit sales is Gross sale,not after deducting sales reurn.So in trading account sales return is deducted.
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