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Question

When goods are sold on credit,  account is debited and  account is credited.


Correct Answer
A
Sales
Your Answer
B
Creditors
Your Answer
C
Cash
Correct Answer
D
Debtors
Your Answer
E
Sales return

Solution

The correct options are
A Sales
D Debtors
When goods are sold on credit, debtors which is an asset account is debited as money is receivable from the customers and sales which is a revenue account is credited.

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