Multiple Choice Questions on Credit note is the basis for recording a transaction in which of the following journals ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Credit note is the basis for recording a transaction in which of the following journals ........

Quantitative Aptitude (Pb Patwari) Accountancy
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    Credit note is the basis for recording a transaction in which of the following journals?

    Purchase Journal 

    Incorrect Answer

    Sales return Journal

    Correct Answer

    General journal 

    Incorrect Answer

    Cash receipt journal 

    Incorrect Answer
    Explanation:

    Credit note is the basis for recording a transaction in Sales return journal. A credit note or credit memo is a commercial document issued by a seller to a buyer.

    By: santosh
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