In order to obtain the total of the Return Inwards for the Statement of income, the total
Question:
In order to obtain the total of the Return Inwards for the Statement of income, the total from the Day Book is posted to:
(a) The credit of the Sales account
(b) The credit of the Purchases returns account
(c) The debit of the Purchases account
(d) The debit of the Sales returns account
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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