Multiple Choice Questions on Which of the following specialized journal records quot goods returned by customers quot ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following specialized journal records quot goods returned by customers quot ........

Accountancy (Phase -I & II) Company Final Accounts
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    Which of the following specialized journal records "goods returned by customers"?

    Purchase journal

    Incorrect Answer

    Sales journal

    Incorrect Answer

    Purchase return journal

    Incorrect Answer

    Sales return journal

    Correct Answer
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    Explanation:

    Sales return journal records "goods returned by customers". Sales Return (Journal) Book Sales return books are used to record the goods returned by customers to them on credit.

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