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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.
Taxable person means a person who is
The total of the discount column on the debit side of a cashbook is posted to the:
Which of the following forms are used for applicable for registration?
Salary paid to MLAs and MPs are charged under the head
Preference shareholders can vote on all the resolutions placed before the company if________________
When is a prospectus called a Red-herring prospectus?
Cash withdrawn by the proprietor from the business for his personal use’ causes
Which of the following inventory methods would reduce tax liability during inflationary period?
