Credit allowed for part of the purchase price of merchandise that is not returned does not change the balance of the customer's accounts payable.

Name: Credit allowed for part of the purchase price of merchandise that is not returned does not change the balance of the customer's accounts payable.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

Credit allowed for part of the purchase price of merchandise that is not returned results in a reduction of the customer's accounts payable balance, as it decreases the amount the customer owes to the seller.

Credit Allowed for Part of the Purchase Price of Merchandise