Sales returns and allowances occur when the buyer returns the goods or the seller reduces the customer's balance owed.

Name: Sales returns and allowances occur when the buyer returns the goods or the seller reduces the customer's balance owed.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Sales returns and allowances involve either the buyer returning goods or the seller reducing the customer's balance owed. This can result in a reduction in revenue for the seller.

Sales Returns and Allowances Occur When the Buyer Returns the Goods