Ask Question
27 March, 16:27

When a buyer returns or takes an allowance on merchandise the issues a?

+4
Answers (1)
  1. 27 March, 17:55
    0
    If a buyer were to return or take an allowance on merchandise, they must issue a debit memorandum. They do this to let the seller know there was a debt made to their accounts payable in their records. This limits the liability they have for being audited for incorrect placement of debt.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When a buyer returns or takes an allowance on merchandise the issues a? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers