FAPR- Assessment

Hello, everyone, I hope you are well. Just today, I sat for my final accounts preparation assessment LEVEL3, and I have successfully passed. But I am uncertain the following question "Sales return should be included in sales revenue". Can anyone please explain to me what does it mean?

Comments

  • mcmc
    mcmc Registered Posts: 7
    Sales returns should be included in the calculation of sales revenue i.e. use the net sales figure..

    Sales - Sales returns = Sales Revenue
    Dewan
  • Dewan
    Dewan Registered Posts: 13
    I agree with you but I had a doubt that if sales return should be included in sales revenue. I understood that sales revenue = sales - sales return = sales revenue. But I scored less than my expectation.
    Thank You
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