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Why is return inward in debit side of trial balance?

Anonymous

∙ 13y ago

Updated: 9/18/2023

Because when someone returns goods we hv more stock, hence we debit it in the trial balance, note that it is taken away from sales in the p & l just as expenses are debited in the trial balance and taken away in the p & l

Wiki User

∙ 13y ago

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Is Accounts Payable a debit or credit on the trial balance?

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Why is return inward in debit side of trial balance?

What else can I help you with?

Is return inward credited in trial balance?

Is investment credit or debit in trial balance?

Is Accounts Payable a debit or credit on the trial balance?

Do you debit or credit provision for doubtful debts on trial balance?

Are accounts receivable a debit or credit on trial balance sheet?

Is return inward credited in trial balance?

Is investment credit or debit in trial balance?

Is Accounts Payable a debit or credit on the trial balance?

On the Trial Balance Sheet AR is?

Do you debit or credit provision for doubtful debts on trial balance?

Are accounts receivable a debit or credit on trial balance sheet?

Is Account Payable Considered Debit Or Credit On The Trial Balance?

Is premises debit or credit in the trial balance?

Is bank loan credit or debit in trial balance?

Where are accounts payable on a trial balance?

Where do expenses go on trial balance?

What is accounts receivable on a trial balance sheet?

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