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Author Question: If a credit memorandum is issued, what account will be decreased on the seller's books? (Read 39 times)

nenivikky

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If a credit memorandum is issued, what account will be decreased on the seller's books?
◦ Sales Discount
◦ Accounts Receivable
◦ Accounts Payable
◦ Sales Returns and Allowances


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Marked as best answer by nenivikky on Nov 11, 2019

nyrave

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nenivikky

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)


Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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