Accountancy, asked by daniyaputeri101, 9 months ago

A debtor returned some goods which were damaged when he received them. What will increase and decrease? Also, returned goods bought on credit to supplier. The same question as the above.

Answers

Answered by theawesomeishere
0

Answer:

1. The sale will decrease in case of goods returned. The Debtors will decrease.

2. The creditor liability will also decrease in case of goods returned to the supplier.

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