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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
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 (5000) was applied to the outstanding invoice. The entry to record the credit mema on Right Way's books would most likely be Select one a. DR Accounts receivable: CR Revenue b. DR Revenue; CR Accounts receivable CDR Accounts receivable; CR Unearned revenue d. DR Accounts receivable CR Cash 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 (5000) was applied to the outstanding invoice. The entry to record the credit mema on Right Way's books would most likely be Select one a. DR Accounts receivable: CR Revenue b. DR Revenue; CR Accounts receivable CDR Accounts receivable; CR Unearned revenue d. DR Accounts receivable CR Cash
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