New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following accounts is NOT closed by

    transferring to the debit side of the trading account?
    A Carriage inwards account Correct Answer Incorrect Answer
    B Direct expenses account Correct Answer Incorrect Answer
    C Purchases account Correct Answer Incorrect Answer
    D Purchases return account Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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