Which document is used to record adjustments to accounts payable based on the return of unacceptable inventory
Question:
Which document is used to record adjustments to accounts payable based on the return of unacceptable inventory to the supplier?
a. Receiving report
b. Credit memo
c. Debit memo
d. Purchase order
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a Incorrect This document records quantities of goods re...View the full answer
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Related Book For 
Accounting Information Systems
ISBN: 9781292060521
13th Global Edition
Authors: Marshall B. Romney, Paul John Steinbart
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