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If a Customer Has a Balance for an Amount Owed

Question 17

Multiple Choice

If a customer has a balance for an amount owed and a return is made, a credit memo is prepared and_____ .


A) a refund check is issued
B) the amount of the return may be applied to the balance owed for the invoice
C) the customer determines whether to apply the amount to the balance owed or get a refund check
D) any of the above

Correct Answer:

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