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