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Q: If some goods from a purchase order are damaged upon receipt an return?
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What is returns outward?

some times goods which have been purchased have to be returned to the supplier. they may be faulty, damaged or not what was ordered. these goods are known as purchase return or return outwards.


If some goods from a purchase are damaged upon receipt and returned to the supplier the ap department should receive?

an invoice and credit memo


If some goods are damaged from a purchase order upon receipt the accounts payable department should receive a?

an invoice and debit memo


What is Outward?

some times goods which have been purchased have to be returned to the supplier. they may be faulty, damaged or not what was ordered. these goods are known as purchase return or return outwards.


Can you return goods purchased from Myer stores without a receipt?

You can try explaining that you lost the receipt or ...you can't return it.


What is receipt and dispatch of goods mean?

When businesses purchase goods from a company and the goods are shipped to them, the business receives them and that is receipt. Dispatch of goods is when that company ships out those goods purchased from them by the businesses.


What happens if you and a cashier both forget to have you sign a receipt after a purchase?

The receipt is for the store's records. In case there is a question about a damaged item, or return, something of that nature. The fact that it isn't signed doesn't mean the charge is invalid. The goods were purchased and received. If a consumer tried to use the unsigned receipt as a way to avoid the charge, it could be seen as a fraudulent act. A criminal offense in most states.


What is the purpose of a chargeback?

The purpose of a chargeback is to return funds to a consumer or to reverse a credit card transaction. This could be due to the non-receipt of the item, inferior or damaged goods, duplicate billing, clerical error or fraud.


If a packing slip show a shorage the accounts payable dept should?

if some goods from a purchase order are damaged reciept return to the supplier, the a/p dept should


What documents are used in the buying and selling of goods?

invoice, receipt, order form, purchase order


What is the journal entry for goods return?

If sales goods returned: [Debit] Sales account xxxx [Credit] Sales Return account xxxx if purchase goods returned: [Debit] Purchase return xxxx [Credit] Purchases account xxxx


Trust Receipt advantage to the buyer?

The advantage is no credit, purely consigned the goods. If the goods unsold, the entrustee or buyer can return the goods to entruster or seller without incurring any liability.