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    Question

    Goods returned by customer will be debited to which account?

    A Purchases A/C Correct Answer Incorrect Answer
    B Return outward Correct Answer Incorrect Answer
    C Customer’s A/C Correct Answer Incorrect Answer
    D Return inward Correct Answer Incorrect Answer

    Solution

    Goods returned by a customer are recorded in the "Return Inward" account. This account is used to track the value of goods that customers have returned to the business. It reduces the overall sales revenue. By debiting the Return Inward account, the company acknowledges the reduction in sales and properly reflects the returned goods in its financial records.

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