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On January​ 21, 2019, Cressent Company received merchandise from Neptune Company. On that​ date, Cressent found a few of these goods to be damaged. On January​ 22, Cressent returned the damaged goods to the seller. Such returns will be treated as​ ________ by Cressent.

Respuesta :

Answer:

purchase returns

Explaination:

When goods are returned by a business(Crescent) to its supplier (a creditor), this could be because of defective damage or otherwise the goods are unsuitable. Such returns are known as purchase returns.

Lanuel

Answer:

Purchase return.

Explanation:

Purchase return can be made when a buyer of goods or services returns the product that it had purchased from a service provider or seller of the goods.

The journal used for recording the goods which are returned to the suppliers is called the purchase returns journal or purchase debits day-book.

Hence, such returns will be treated as​purchase return by Cressent.