• The place to find the right expertise and make better decisions
  • Find the right expertise

About Me

My Activity

question
Q: The transaction that could not result in a credit balance in a debtor's account is:

sale of goods on credit that will be paid for in the next accounting period
receipt of a deposit for work ordered
return of faulty goods by a customer after payment had been made
payment by a customer after the debt had been written off as irrecoverable

I'm having trouble understanding this question. Could anyone please explain?