Question o 2 pts You are working for a company and process a credit memo. This indicates that O merchandise was purchased and inventory must be adjusted. O a sales discount was given to a customer for payments received early O a sale took place and the accounts receivable must be adjusted. O merchandise was returned from the customer and the account receivable must be adjusted. O merchandise was returned to a supplier and the accounts payable must be adjusted. U Question 7 2 pts In maintaining the accounts receivable, the method that applies a customer's payment to the account balance without consideration of which unpaid invoices the customer is paying is: O Matching O Balance forward Open invoice O Turnaround O Cycle billing Question 8 2 pts