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Refunds and Returns in Control Accounts

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Refunds and Returns in Control Accounts

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  • March 28, 2013 at 2:56 am #120890
    soar
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    • Topics: 20
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    What are the entries for refunds ?
    How are refunds different to returns, for example refunds to credit balances goes on left side of Receivables Control T-account. But what is an example of this?

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