Returns Inwards Journal

The Sales Return & Allowances Journal is a special journal that is used to record the returns and allowances of goods sold on credit.

Steps in Journalizing Returns Inwards

The following Returns Inwards transactions are Journalised below:


July 6  Goods returned from Yule Terry $ 10

July 13 Returned goods from Jerry Hulle $20

July 26 Returns Inwards from Larry Hadman $30

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