Good returned by the customer should be debited to which of the following accounts:
گاہک کی طرف سے لوٹائی گئی اچھی رقم کو درج ذیل میں سے کن اکاؤنٹس میں ڈیبٹ کیا جانا چاہیے
- sales income account
- sales account
- return inwaard account
- expenses accunt
Explanation
Goods returned by the customer should be debited to the Return inward account.
The journal entry for the above transaction will be
Return inwards/ sales return a/c Dr.
To Debtors a/c
Therefore, it will be debited to return the inward account.
ND5-09-2023
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