• A separate column is made for ‘Credit Note No.' in
(A) Purchases Book
(B) Sales Book
(C) Purchases Return Book (D) Sales Return Book
Answers
Answer:
B credit note mentioned in purchase
A separate column is made for ‘Credit Note No.' in
(A) Purchases Book
(B) Sales Book
(C) Purchases Return Book
(D) Sales Return Book
The correct answer is:
(D) Sales Return Book
Explanation:
A separate column is made for ‘Credit Note No.' in Sales Return Book
Credit Note is the basis for recording a transaction in Sales Return Book.
In the accounting, sales return book is booked that records all transactions related to the sale of goods and goods by the customer, which were sold to the customer on first credit. In business, when a customer is sold on credit, a record of all that transactions is recorded in the sales return book. A separate credit column is created for this in the sales return book.
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