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Class 11
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Accountancy
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Recording of Transactions - I
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Books of Original Entry and Journal Entries
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Return of goods by a customer should be
Question
Return of goods by a customer should be debited to __________.
A
Customers Account
B
Sales Return Account
C
Goods Account
D
Purchase Account
Medium
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Updated on : 2022-09-05
Solution
Verified by Toppr
Correct option is B)
A transaction in which the goods is returned by the customer due to various reasons is called sales return.
Accounting entry need to be passed against the sales return is as follows:
Sales return A/c Dr.
To Customer A/c
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