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Commerce · Q66

Accounting

Graduate and Post Graduate · Commerce · question 66

Q66

Goods returned by customer should be debited to which of the following accounts?

A.
Sales income account
B.
Sales account
C.
Return inward account
Answer
D.
Expenses account

Answer: Option C

Solution

Answer: Option C
Solution:
Goods returned by customer should be debited to Return inward account.
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