Purchase Returns And Allowances at Math Glossary
What is it? Cost of merchandise returned to store due to damage, defects, and so on. An allowance is a cost reduction that results when buyer keeps or buys damaged goods.Mathematical Term Added By: Trinity
The Purchase Returns And Allowances definition has been viewed 481 Time(s)!
Send To Friends!
If you'd like to send the Purchase Returns And Allowances definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Purchase Returns And Allowances. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Mathematics Terms:
Math Terms real axis is The x-axis of an Argand diagram.Math Terms name of a tessellation is A numerical description of a tessellation, which gives, in order beginning with the smallest, the number of sides of the polygons that meet at each vertex point. For example, the name of the tessellation in the margin is 4.4.4.4.
Math Terms Coordinate Plane is The plane determined by a horizontal number line, called the x-axis, and a vertical number line, called the y-axis, intersecting at a point called the origin. Each point in the coordinate plane can be specified by an ordered pair of numbers.
Math Terms Multiplicand is The first or top number being multiplied in a multiplication problem.
Math Terms Quick ratio is (Current assets 2 Inventory 2 Prepaid expenses) 4 Current liabilities.