Which document is used to record adjustments to accounts payable based on the return of unacceptable inventory

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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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Accounting Information Systems

ISBN: 9781292060521

13th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

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