When a customer returns an item from a sale on account, a(n)____ is completed.
A)Credit Memo
B)Return Receipt
C)Invoice
D)Sales Receipt

Name: When a customer returns an item from a sale on account, a(n)____ is completed. A)Credit Memo B)Return Receipt C)Invoice D)Sales Receipt
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Question

Quizplus · Accepted Answer

A Credit Memo is issued when a customer returns an item from a sale on account, indicating that the customer's account has been credited for the returned item.

When a Customer Returns an Item from a Sale on Account