No, return inwards is not a current asset.
It is sales returns and comes on the debit side of profit and loss account.
otherwise, lessened from the sales on credit side
Yes
yes
A: The answer is always. What goes out of a source of power the same power will return
Kan plan
Current asset
yes return inward is a liability..therefore must be credited
Current asset.
Current Asset
non current asset
Current Asset
Return on asset= profit margin × asset turnover Return on equity= return on asset × equity multiplier so, return on equity is more comprehensive
non-current assets.