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Which of the following item will be shown on debit side of debtors account?

A. Discount received

B. Return inwards

C. Discount allowed

D. Credit sales

Answer: Option D

Solution(By Examveda Team)

Credit sales will be shown on debit side of debtors account. Credit sales means allowances of goods to customers in order to pay in advance.

This Question Belongs to Commerce >> Accounting

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Comments ( 1 )

  1. SARDAR ALI
    SARDAR ALI :
    4 years ago

    Sales are shown on credit side of debtors account not debit side. statement needs corrections.

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