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What is the journal entry purchase return in the books of Purchase.. Answer / waqas abrar. Most of fellas have made many mistakes. ... Journal entry for cheque issue ...
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Now, the journal entry will be made in the Journal alongwith a brief explanation i.e. narration. The corresponding amounts will be written in the debit and credit columns. After completing one entry, a horizontal line is drawn before entry for the next transaction is made in the journal. The transaction, given above in the example, is journalised in the In this tutorial, we will learn to Post Purchase Return in SAP . Step 1) Enter the transaction code FB65 in the Command Field . Step 2) In the next screen, Enter the Company Code for which document is to be posted . Step 3) In the Basic Data tab , Enter the Following data . Enter the Vendor ID of the Vendor to be issued the credit memo; Enter ...
Rev john rogers barbadosThe journal entries for these merchandise are to be kept. But the journal entries for the return of merchandise purchase for cash and merchandise purchased on Account are different. Return of merchandise purchased for cash. When merchandise purchased for cash ard returned to supplier we need to recidd two journal entries.
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Journal entry for purchase return

 

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