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RT
Question Practice

What is the effect of posting a return to the Purchases Return Journal?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - II
Question Bank

What is the effect of posting ...

Single Answer MCQ
Q-00054011

What is the effect of posting a return to the Purchases Return Journal?

1

Increases total liabilities

2

Increases total assets

3

Decreases total purchases

4

Increases total equity

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