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

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

    Sales - Sales returns = Sales Revenue
    Dewan
  • DewanDewan Posts: 9Registered
    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
Sign In or Register to comment.