Accounting for IGCSE & O level - Accounting Procedures (Section 25 - No. 33)
A credit customer has returned goods. What effect does this transaction have on the customer's account in the sales ledger?
The account balance increases.
The account balance decreases.
The account balance remains the same.
This does not affect the account.
Explanation
Returning goods reduces the amount owed by the customer.
Comments (0)
