F4 會計 (URGENT!!!)

Return In/Inwards are goods sold to individuals returned

(i.e. From Debtors or Customers)

Double Entry:

Dr: Returns Inwards ;

Cr: Debtors (Specific or sundry debtors, it depends on the type provided in the question)

Conversely, Returns Outwards are goods which are defect or damaged, and returned to suppliers or creditors

Double Entry: Dr: Name of creditor/ sundry creditors;

Cr: Returns Outwards

[One more thing, if you have to deal with the final accounts at year-end,

All you have to do is to write off the amount, particulars are 'Trading',

for which the next step is to calculate them

in the trading account for gross profit.]

2007-09-26 14:26:38 補充：
Well it isn't like this...Types of accounts in PA:-personal(debtors and creditors)-impersonal(Assets, Lia., exps. and revenue)As for RI&RO, they are not assets, liabilities or capital, but are steps that will affect the stock account (an asset account) at year-end calculations.

2007-09-26 14:28:15 補充：
When dealing with RI&RO, you should only treat them as the reductions of personal accounts.Ah sorry, it isn't the stock account, but the debtors/creditors accounts