Goods returned by Senguttuvan were taken into stock, but no entry was passed in the books. While rectifying this error, which of the following accounts should be debited?
A. Senguttuvan account
B. Sales returns account
C. Returns outward account
D. Purchases returns account
Answer:B
Goods returned by Senguttuvan were taken into stock, but no entry was passed in the books. While rectifying this error, which of the following accounts should be debited?
A. Senguttuvan account B. Sales returns account C. Returns outward account D. Purchases returns account