Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 7 - No. 39)
In the sales return journal, the amount of goods held by the business is increased when they are returned in their original supplies, because they were unsold in the first place. Which ledger is used to record this?
Sales return account
Sales ledger
Sales return journal
All of the above
Explanation
All of the listed accounts are involved in recording a sales return.
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