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Class 12 Accounts Notes: ALLOWANCE FOR RETURNS Notes PDF Download

Class 12 Accounts Notes: ALLOWANCE FOR RETURNS Notes PDF Download

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Class 12 Accounts Notes: Time Value of Money Notes PDF Download

ALLOWANCE FOR RETURNS
If customer has the right to return the product, the seller must
estimate the dollar value of return
ns.
Revenue is reported net of the amount expected to be returned.
Typically, seller sets up a contra-asset account,

Total Pages – 25

PDF Size –  140 KB

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mdsarfaraz
mdsarfaraz

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Class 12 Accounts Notes: Time Value of Money Notes PDF Download

ALLOWANCE FOR RETURNS
If customer has the right to return the product, the seller must
estimate the dollar value of return
ns.
Revenue is reported net of the amount expected to be returned.
Typically, seller sets up a contra-asset account,

Total Pages – 25

PDF Size –  140 KB

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  • Store Name: mdsarfaraz
  • Vendor: mdsarfaraz
  • Address: hyderabad
    Charminar
    hyderabad 500002
    Telangana
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