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Califa Industries, a customer of Right Way, Inc, was unhappy about the amount they were charged on Invoice #4591. A credit memo for half the
Califa Industries, a customer of Right Way, Inc, was unhappy about the amount they were charged on Invoice #4591. A credit memo for half the fee ($400) was applied to the outstanding invoice. The entry to record the credit memo on Right Ways books would most likely be: Group of answer choices DR Accounts receivable; CR Revenue DR Revenue: CR Accounts receivable DR Accounts receivable; CR Cash DR Accounts receivable; CR Unearned revenue
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