AdmitMe
Accounts (Principles of Accounts) · Source documents and books of original entry

Accounts (Principles of Accounts)Source documents and books of original entryJAMB

The source document for entries in the returns inwards journal is the

Show answer

Answer: C. credit note sent to the customer

When customers return goods, the seller issues a credit note and records it in the returns inwards journal.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Source documents and books of original entry questions