(a) Debiting Purchases Account and Crediting Customers Account. (b) Debiting Customers Account and Crediting Sales Account. (c) Debiting Sales Returns Account and Crediting Customers Account. (d) Debiting Purchases Account and Crediting Sales Account

(c) Debiting Sales Returns Account and Crediting Customers Account

Good returned by customers are entered by?

(a) Debiting Purchases Account and Crediting Customers Account.

(b) Debiting Customers Account and Crediting Sales Account.

(d) Debiting Purchases Account and Crediting Sales Account

Question added by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate
Date Posted: 2015/03/01

Upvote (0) Views (5) Followers (4) Answers (4) Report Question

by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

by miriam talavera , ADMINISTRATIVE ASISTANT , MARMOTECH, INC.

C IS MY KNOWLEDGE OF THE CORRECT ANSWER

The correct answer is.............................................................................................C

by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(C) is the Correct Ans.

On Sale : Dr. Customer

Cr. To Sale

On Return: Dr. Sale Return

Cr. To Customer

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