Question: What is the difference between a purchase return and a purchase allowance? What is the effect of purchase returns and allowances on the overall cost

What is the difference between a purchase return and a purchase allowance? What is the effect of purchase returns and allowances on the overall cost of inventory to the buyer?

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What is the difference between a purchase return and a purchase allowance? What is the effect of purchase returns and allowances on the overall cost of inventory to the buyer

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