sales returns account Meaning in the Cambridge English Dictionary
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Meaning of “sales returns account” in the English Dictionary

"sales returns account" in Business English

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sales returns accountnoun [C]

uk   us   COMMERCE, ACCOUNTING
an ​account that ​records the ​value of ​products that have been ​sold but not yet ​paid for
an ​account that ​records the ​value of ​products that ​customers have ​bought and then ​returned
(Definition of sales returns account from the Cambridge Business English Dictionary © Cambridge University Press)
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