Accounting for IGCSE & O level - Accounting Procedures (Section 16 - No. 45)
In the purchases ledger, which type of transaction would typically result in a debit to a supplier's account?
A cash payment to the supplier.
A purchase on credit from the supplier.
A return of goods to the supplier.
None of the above.
Explanation
Returning goods to a supplier reduces the amount owed, resulting in a debit to the supplier's account.