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Question Practice

When posting from the Sales Return Journal to the account of the customer, what is the correct posting method?

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

When posting from the Sales Re...

Single Answer MCQ
Q-00054025

When posting from the Sales Return Journal to the account of the customer, what is the correct posting method?

1

Debit both customer's account and sales return

2

Credit the customer's account and debit sales return

3

Only note the transaction

4

Debit sales account and credit customer account

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