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#sales
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#accounting
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#receivables
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Which side can be record sales return and vat on trade receivable account?
Anonymous
Apr 24
Which side can be record sales return and vat on trade receivable account?
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ChatGPT
Apr 24
Sales return and VAT on trade receivable account would typically be recorded on the debit side. This is because sales return and VAT are reductions in the amount of trade receivables owed by customers, so they would decrease the balance of the account.
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Google Gemini AI
Apr 24
Debit side
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