Commerce Exam > Commerce Questions > Return of goods purchased on credit to the su...
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Return of goods purchased on credit to the suppliers will be entered in ____ Book.
- a)Sales Return
- b)Purchase Return
- c)Purchase
- d)Sales
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Return of goods purchased on credit to the suppliers will be entered i...
Return of goods purchased on credit to the supplier is recorded in the Purchase return journal. Sometimes goods purchased are returned to the supplier for various reasons such as goods are not of the required quality, or are defective, etc. For every return, a debit note is prepared , the original one is sent to the supplier for making necessary entries in his book and on the basis of duplicate copy of debit note entry is recorded in purchase return journal.
Most Upvoted Answer
Return of goods purchased on credit to the suppliers will be entered i...
Supplier's account. Dr. To purchase return account this will be proper journal entry for this case.
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Return of goods purchased on credit to the suppliers will be entered i...
Bbecause, Good purchased on credit no monetry transaction okand my answer is 'b' i am sure my answer is right.
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Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer?.
Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Return of goods purchased on credit to the suppliers will be entered in ____ Book.a)Sales Returnb)Purchase Returnc)Purchased)SalesCorrect answer is option 'B'. Can you explain this answer?.
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