A. Buyer
B. Seller
C. Debtor
D. Creditor
Related Mcqs:
- When a person purchasing goods on credit he becomes a_________in the books of the seller??
- Which of the following will be debited if a business purchases goods on credit??
- When goods, in which business deals are sold, it is called___________??
- The person who conducts sales at which goods are sold to the persons making the highest bid or offer is called ____________
- Find the cost of goods sold if goods are sold for 2,000 at 25% profit on cost??
- Cost of goods sold excludes___________??
- Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of____________??
- Goods sold on the basis of ‘sales or return ‘ should:?
- Which of the following costs are reported on the income statement as the cost of goods sold??
- Credit memo or credit note No. is entered in which of the following journal??
