ACC 291T Wk 1 Discussion - Credit Memos | eBooks | Education

ACC 291T Wk 1 Discussion - Credit Memos

ACC 291T Wk 1 Discussion - Credit Memos PLDZ-11951
In Stock
$ 5.00 USD
Buy and Download   > Description

***************************************************************

Click Here To Download Your Files : 

https://uopcourse.com/category/acc-291/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You can buy more tutorials from the below link.

https://uopcourse.com/

***************************************************************

ACC 291T Wk 1 Discussion – Credit Memos

 

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

Respond to the following in a minimum of 175 words:

 

Respond to the following:

Credit memos are created when a product is returned. Credit memos reduce A/R (accounts receivable) by crediting the account, and it writes off the invoice. This also records a debit to the Sales Returns and Allowances account.

 

You have noticed that the A/R clerk has created an abnormally high number of credit memos. You also notice the inventory does not reflect the additional inventory resulting from the sales returns and allowances. What would you do, and how would you document your decision?

 

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

 

*************************************************************** Click Here To Download Your Files : https://uopcourse.com/category/acc-291/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can buy more tutorials from the below link. https:
Recent Reviews Write a Review
0 0 0 0 reviews