Question

Fill in the blanks with suitable word/words :
i. Carriage is debited to ____________ account.
ii. Total Sales – Sales Returns = ____________
iii. Wages are debited to ____________ account.
iv. Closing stock is shown on the ____________ side of Trading Account.
v. Total Purchases – Purchase Returns = ____________

Answer 1

1. trading a|c
2. net sales
3. trading a|c
4. credit side
5. net purchase