Answer:
purchase returns
Explaination:
When goods are returned by a business(Crescent) to its supplier (a creditor), this could be because of defective damage or otherwise the goods are unsuitable. Such returns are known as purchase returns.
Answer:
Purchase return.
Explanation:
Purchase return can be made when a buyer of goods or services returns the product that it had purchased from a service provider or seller of the goods.
The journal used for recording the goods which are returned to the suppliers is called the purchase returns journal or purchase debits day-book.
Hence, such returns will be treated aspurchase return by Cressent.
