Which two items may be accounted for in a payables general ledger account?

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Accounting · General Ledger

Which two items may be accounted for in a payables general ledger account?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Discount received and Returns outwards

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Answer 1

Discount received and Returns outwards

Answer 2

Discount allowed and Returns inwards

Answer 3

Discount allowed and Irrecoverable debts

Answer 4

Returns inwards and Irrecoverable debts

Which two items may be accounted for in a payables general ledger account?

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Which two items may be accounted for in a payables general ledger account?

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