Gkseries in Financial Accounting MCQs

Return inward = _, return outward = _

Q. Return inward = _, return outward = _.

A. Sales return, purchase return

B. Purchase return, sales return

C. Purchase return, purchase book

D. None of above.

Answer: Sales return, purchase return

Next Read: In ____ transaction personal account may or may not be involved while in ___ Transaction personal account is definitely involved »

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Q. Return inward = ___, return outward = ___.

Q. Return inward = _, return outward = _.