Question

A Return inwards book is kept to record returns of ___________.

• A. Goods Sold
• B. Anything Purchased
• C. Goods Purchased
• D. Anything Sold

Answer 1

Answer: (A)

Goods Sold

There are various subsidiary books/journals maintained to record various items. These are sales day book, purchase day book, sales return book, purchase return book, bills receivable book, bills payable book.

Sales return book or return inward book is one of them which records the sales return transaction.