The concession received on the price of defective goods is called:

Related Mcqs:

Goods Return by the customer are termed as :

A. Purchase return B. Customer return C. Sales return D. Inventory return...

When goods, in which business deals are sold, it is called___________?

A. Purchases B. Return inward C. Sales D. Return outwards...

Sales return is also known as____________?

A. Return received B. Return Payed C. Return inward D. Return outward...

Income earned but not received is called ____________?

A. Fictitious assets B. Quick asset C. Real asset D. Outstanding asset...

Debts which are payable in the course of a month are called _____________?

A. External liabilities B. Fixed liabilities C. Current liabilities D. Liquid Liabilities...