Upon notification from the receiving department that the goods have been returned,the manager issues a(n)________ ,which authorizes the adjustment of the customer's account.

Question

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A credit memo is issued when goods are returned so that the customer's account can be adjusted accordingly. A debt memo is issued when the customer owes money to the company. An adjusting entry is a journal entry used to adjust accounts at the end of an accounting period. A bill of lading is a document used in shipping to confirm receipt of goods by a carrier.

Upon Notification from the Receiving Department That the Goods Have