Which of the following is put on the debit side of trail
A. sales A/c
B. Capital A/C
C. Purchase Return A/C
D. Sales Return A/C
Answers
Answered by
0
Answer:
The debit side of the trail balance is option D. Sales Return A/C.
Explanation:
The debit side of an account is the southpaw side. This is the first item on the debit side of the account, that is conducted or takes the edge off, by the first item on the credit side. An account is said to have a debit balance if the total of the debit side is more considerable than that of the credit side. Trial Balance Items List. The debit side of it will feature entries from accounts like assets, drawings accounts, losses, purchases, and sundry debtors, expense accounts, cash balance, and bank balance, among others.
Hence, the correct answer is Sales Return A/C.
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Answered by
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Answer:
Option(D)Sales Return A/C is the correct answer.
Explanation:
- An account's southpaw side is its debit side. This is the first transaction on the account's debit side that is executed by, or lessens the impact of, the first item on the account's credit side.
- If the total of the debit side is more than the total of the credit side, the account is said to have a debit balance.
- The opposite account to "Sales A/c" is the sales return account.
- The value of the original sales is deducted from the sales return account, and the accounts receivable account or the cash account is then credited.
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