Defective goods sold to Babita on credit worth Rs. 4,000 were returned by her.
Name the book of original entry with reason where the transaction will be
recorded.
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Answer:
it would be recorded in sales return book
entry sales return a/c dr 4000
to customer a/c 4000
Explanation:
If the sold goods comes back "goods comes in" so sales return will be debited
and
if she returns the good the amount of debtor has been reduce cause that much amount we dont have to take from her now so debtor (customer ) has a debit balance for reversing it is credited to reduce the balance
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