WAEC Accounting 2022 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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One of the items on the credit column of a trial balance is
- A. carriage inwards
- B. carriage outwards
- C. returns outwardsCorrect
- D. returns inwards
Explanation
Returns outwards (purchases returns) reduces purchases and carries a credit balance, so it appears on the credit side of the trial balance.
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