Merchandise returned by the customer for a cash refund is called a:

Name: Merchandise returned by the customer for a cash refund is called a:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sales returns refer to merchandise returned by a customer for a cash refund. The other options refer to different types of transactions - sales allowances are discounts offered to customers for issues with the product or service, debit and credit memorandums are accounting documents, and purchases returns are merchandise returned by a buyer to a supplier.

Merchandise Returned by the Customer for a Cash Refund Is