A debit memorandum decrease which account on the buyer s books? A. Accounts Payable B. Purchases Returns and Allowances C. Sales Returns and Allowances D. Accounts Receivable

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A debit memorandum increases Purchases Returns and Allowances on the buyer's books.

larrynelson|Points 1974|

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Asked 7/26/2016 12:53:37 AM

Updated 293 days ago|2/15/2024 7:55:32 AM

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This answer has been confirmed as correct and helpful.

Edited by jeifunk [7/26/2016 7:36:36 AM]

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