Posting Items to Sales Ledger Control
Hi. I have come across a question in the Green Light tests, and would be grateful for some clarification on the answer please. There is an item listed in the sales ledger control account - 'amounts refunded in cash to credit customers'. I indicated this would be a credit in the control account, but the correct answer apparently is a debit. This doesn't make sense to me as I would expect a refund to a customer would reduce my cash asset? The full question is attached. Help please?
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