Powerage Ltd.purchased goods for £1,700 from RiffRaff plc.Having noticed that the goods were faulty,they were returned to the supplier.How would the return of the goods be recorded?
A) Debit payables (RiffRaff's personal account) , credit purchases
B) Credit payables (RiffRaff's personal account) , debit purchases
C) Credit sales, debit payables (RiffRaff's personal account)
D) Debit sales, credit returns
Correct Answer:
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