If a company receives a larger quantity of goods than had been ordered and keeps the excess
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Question:
If a company receives a larger quantity of goods than had been ordered and keeps the excess for future use, a(n)______________ is prepared to notify the vendor of the amount of increase to accounts payable in the invoice.
A. Credit memorandum.
B. Return shipping order.
C. Debit memorandum.
D. Additional purchase order.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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