Urgent query

Aditya (Student) (61 Points)

05 July 2015

will cash paid to customers for returns have any impact on debtor ledger adj. a/c?

the entry would be sales return dr. to cash??

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3 Replies

Anil Prakash Jauhari (CA Final student) (179 Points)
Replied 05 July 2015

It will be better to do entry through debtor a/c.

Vikas Gupta (Tax Executive) (530 Points)
Replied 06 July 2015

Route this transaction through debtors a/c... Sales Return A/c Dr To Debtor's A/c

Aditya (Student) (61 Points)
Replied 06 July 2015

but still the net effect in debtor ledger adjustment account would be zero?..as first the debtor would be credited with the amount and then debited?

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