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    Question

    The periodic total of sales return day book is posted to ______.

    A

    Debit side of sales A/c

    B

    Credit side of trading A/c

    C

    Credit side of sales A/c

    D

    Credit side of purchase return A/c

    Hard Open in App Solution Verified by Toppr

    Correct option is A)

    Sales return day book is a subsidiary book in which all the credit sales returns are recorded. At the end of a specific period, the total of sales return day book is posted to debit side of sales a/c in ledger in order to reduce the gross amount of sales to the extent of sales returns.

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    The total of Sales Return book is posted to the of sales return account.

    The total of Sales Return book is posted to the of sales return account.

    Byju's Answer Standard XI Accountancy Sales Return Book The total of ... Question

    The total of Sales Return book is posted to the ___ of sales return account.

    A Debit B Credit C

    Either debit or credit

    D None of the above Open in App Solution

    The correct option is C

    Debit

    Sales return account is always debited with the amount of sales return.

    Suggest Corrections 1

    SIMILAR QUESTIONS

    Q.

    Is it correct that individual accounts of customers is debited by the respective amount and the total of the sales book is posted to the credit side of the sales account in the general ledger ?

    Q.

    Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.

    (a) Credit sales to Mohan Rs. 7,000 were posted to the credit of his account.

    (b) Credit purchase from Rohan Rs. 9,000 were posted to the debit of his account as Rs. 6,000.

    (c) Goods returned to Rakesh Rs. 4,000 were posted to the credit of his account.

    (d) Goods returned from Mahesh Rs. 1,000 were posted to the debit of his account as Rs. 2,000.

    (e) Cash sales Rs. 2,000 were posted to the debit of sales account as Rs. 5000.

    Q.

    Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.

    (a) Credit sales to Mohan Rs. 7000 were posted to Karan as Rs. 5000

    (b) Credit purchase from Rohan Rs. 9000 were posted to the debit of Gobind as Rs. 10000

    (c) Goods returned to Rakesh Rs. 4000 were posted to the credit of Naresh as Rs. 3000

    (d) Goods returned from Mahesh Rs. 1000 were posted to the debit of Manish as Rs. 2000

    (e) Cash sales Rs. 2000 were posted to commission account as Rs. 200

    Q.

    Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.

    (a) Credit sales to Mohan Rs. 7000 were recorded in purchase book. However, Mohan's account was correctly debited.

    (b) Credit purchase from Rohan Rs. 9000 were recorded in the sales book. However, Rohan's account was correctly credited.

    (c) Goods returned to Rakesh Rs. 4000 were recorded in sales return book. However, Rakesh's account was correctly debited.

    (d) Goods returned from Mahesh Rs. 1000 were recorded through purchase return book. However, Mahesh's account was correctly credited.

    (e) Goods returned to Naresh Rs. 2000 were recorded through purchase book. However, Naresh's account was correctly debited.

    Q.

    Trial balance of Khatau did not agree. He put the difference to a suspense account and discovered the following errors.

    (a) Credit sales to Manas Rs. 16,000 were recorded in the purchase book as Rs. 10,000 and posted to the debit of Manas as Rs. 1,000.

    (b) Furniture purchased from Noor Rs. 6,000 was recorded through purchase book as Rs. 5,000 and posted to the debit of Noor Rs. 2,000.

    (c) Goods returned to Rai Rs. 3,000 recorded in the sales book as Rs. 1,000.

    (d) Old machinery sold for Rs. 2,000 to Maneesh recorded through sales book as Rs. 1,800 and posted to the credit of Manish as Rs. 1,200.

    (e) Total of return inwards book Rs. 2,800 posted to purchase account.

    Rectify the above errors and prepare a suspense account to ascertain the difference in trial balance.

    View More EXPLORE MORE Sales Return Book

    Standard XI Accountancy

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    [Solved] The Periodical total of the Sales Return Book is posted to the

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    The Periodical total of the Sales Return Book is posted to the

    A. Debit of Sales Account

    B. Debit of Sales Return Account

    C. Credit of Sales Return Account

    D. Debit of Debtors Account

    Answer» B. Debit of Sales Return Account

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    Financial Accounting

    Discussion

    Related Multiple Choice Questions

    A few errors committed in Ahhiwalia's books of account are given below. State which errors would affect the Trial Balance. (a) Sales of `950 to Ram completely omitted from books of account (b) Purchases of `720 from Shyam entered in the purchases journal as `700 (c) Purchases Journal is overcast by `1,000 (d) Sales returns journal is undercast by `200 (e) Amount paid to Agarwal wrongly posted to the debit to Mittal's account (f) Bank overdraft shown under debit column in the Trial Balance (g) Sales of `500 to Sadiq entered in sales journal as sales to Mushtaq (h) Wages paid for installation of machinery debited to wages account

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