Which of the following are incorrect? (A) (i) and (iii) only (B) (iii) only (C) (ii) and
Question:
Which of the following are incorrect?
(A) (i) and (iii) only
(B) (iii) only
(C) (ii) and (iv) only
(D) (iv) only
Transcribed Image Text:
Goods sold for cash (ii) Goods bought on credit from T Carter (iii) Goods returned by us to C Barry (iv) Van bought for cash Account to be debited Cash Purchases C Barry Purchases Account to be credited Sales T Carter Returns outwards Cash
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The correct answer is C ii and iv only Explanation i Goods bought on credit ...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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