A

Admin • 802.91K Points
Coach

Q. If purchase returns are more than purchases, the net purchase is:

  • (A) Negative
  • (B) Zero
  • (C) Credited to P&L A/c
  • (D) Not possible
  • Correct Answer - Option(A)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
If returns exceed purchases, net purchases will be negative.

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