Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 32 - No. 43)
What is the effect of a return of purchased goods?
Increases the Purchases account.
Decreases the Purchases account.
Has no effect on the Purchases account.
Creates a debit balance in the Purchases account.
Explanation
Returning purchased goods decreases the Purchases account.
Comments (0)
