Upon notification from the receiving department that the goods have been returned, the manager issues a(n)...
Upon notification from the receiving department that the goods have been returned, the manager issues a(n) ________ , which authorizes the adjustment of the customer's account.
| A |
adjusting entry |
|
| B |
bill of lading |
|
| C |
debt memo |
|
| D |
credit memo |
Homework Answers
|
Option C is the answer Credit memo |
|
| When the receiving department notifies the manager about the goods returned, the manager issues a credit memorandum to the buyer. It is a document which just reduces the amount owed by buyer to the company |
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Upon notification from the receiving department that the goods
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