Branch Debtors account is prepared to find
discount received
Credit sales
credit purchase
purchase return
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Answer:
Is prepared to settle down the discounts and for depreciation
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(B) CREDIT SALES IS THE CORRECT ANSWER.
Explanation:
A debtor is a customer who has purchased a good or service and, therefore, owes the payment in return to the supplier. In other words, the debtor has a debt or legal obligation to pay the amount owed.
Therefore, the company must have given goods or services or other things that made the person owe us money.
It must be the sale of goods, services or others.
Hence, credit sale is a correct answer.
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