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Standard XII
Accountancy
Redemption of Debentures
Return outwar...
Question
Return outwards are deducted from __________.
A
Purchases
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B
Sales
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C
Capital
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D
Debtors
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Solution
The correct option is
A
Purchases
Return outwards are also called as purchase return and its deducted from Purchases.
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Similar questions
Q.
Return outwards appearing in Trial Balance are deducted from ______________.
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Returns outward book makes a record of__________.
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Return Inwards appearing in Trial Balance are deducted from:
Q.
Amount of discount deducted from invoice price is called a __________.
Q.
Select the most appropriate alternative from those given below and rewrite the statement.
Return outward are deducted from __________________.
a) purchases
b) sales
c) capital
d) debtors
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