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Examveda

Which of the following specialized journal records "goods returned by the business"?

A. Purchase journal

B. Sales journal

C. Purchase return journal

D. Sales return journal

Answer: Option C

Solution(By Examveda Team)

Purchase return journal records "goods returned by the business". The Purchases Returns Book is written up from the credit notes received from the suppliers.

This Question Belongs to Commerce >> Accounting

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