Goods returned from customer for Rs. 15,000 what will be the nature debit or credit? And what will be the applied rule?
Answers
Answered by
3
Answer:
Credit
Debit what comes in Credit what goes out.
Answered by
1
Answer:
Debit
Explanation:
Purchases Return A/c Credit because the Purchases Return are (Nominal Account) and one type of Income and Income is also Credit. Based on the Debit and Credit or Golden Rules. Sales Return A/c Debit because the Sales Return are (Nominal Account)
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