Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 3 - No. 5)
For each customer, the sales return journal credits the customer's trade receivable account and sales return to increase the amount of the sales return, what is impact?
Impact: Inventory is increased
Impact: Trade receivables are decreased
Impact: Inventory is decreased
Impact: Trade receivables are increased
Explanation
Impact: Inventory is increased
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