Which of the following departments should normally be responsible for the preparation and journalizing of credit memos

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Which of the following departments should normally be responsible for the preparation and journalizing of credit memos upon the receipt of approved sales return memos to authorize a reduction in customer account balances because of returned goods?

(a) receiving

(b) accounts receivable

(c) credit

(d) billing

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Accounting Information Systems

ISBN: 9780130861771

8th Edition

Authors: George H. Bodnar, William S. Hopwood

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Question Posted: May 20, 2024 06:02 AM

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Which of the following departments should normally be responsible for the preparation and journalizing of credit memos

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Accounting Information Systems

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