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Dewan
Registered Posts: 13
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?
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Sales returns should be included in the calculation of sales revenue i.e. use the net sales figure..
Sales - Sales returns = Sales Revenue1 -
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 You0
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