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amm1812
4 years ago
13

A debit memorandum is: The source document for the purchase of merchandise inventory. The document a seller issues to inform the

buyer of a debit made to the buyer's account in the seller's records. Required when a purchase discount is granted. The document a buyer issues to inform the seller of a debit made to the seller's account in the buyer's records. Not necessary in a perpetual inventory system.
Business
1 answer:
frosja888 [35]4 years ago
6 0

Answer:

The document a buyer issues to inform the seller of a debit made to the seller's account in the buyer's records.

Explanation:

A debit memorandum is a notice to a client that a debit change to their accounts has been made, decreasing the amount of the available funds. Bank transactions, incremental billing, or internal offsets are the three primary reasons for issuing a debit memo.

Therefore according to the given option, the correct option is fourth and the same is to be considered

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Bottlenecks exist in which type of manufacturing processes?
saul85 [17]

Answer:Line,Batch and Job

Explanation:

An assembly line is a manufacturing process in which interchangeable parts are added to a product in a sequential manner to create an end product. ... The workers and machinery used to produce the item are stationary along the line and the product moves through the cycle, from start to finish.

Batch manufacturing is a style of manufacturing which compiles the different components of a product through step by step processes. This basically means that the raw materials move through the production line in batches, so that there is a pause between each step as a batch moves through.

Job production, sometimes called jobbing or one-off production, involves producing custom work, such as a one-off product for a specific customer or a small batch of work in quantities usually less than those of mass-market products.

6 0
3 years ago
The accountant at Metlock, Inc. is figuring out the difference in income taxes the company will pay depending on the choice of e
Lisa [10]

Answer:

$339

Explanation:

Computation of the given data are as follows:

Income before tax in FIFO = $15,730

Tax rate = 30%

So, the Tax amount for FIFO = $15,730 × 30%

= $4,719

And, Income before tax in LIFO = $14,600

Tax rate = 30%

So, the Tax amount for LIFO = $14,600 × 30%

= $4,380

So, the difference in tax amount = Tax amount for FIFO  - Tax amount for LIFO

= $4,719 - $4,380

= $339

6 0
3 years ago
__________ theory uses the ideas of social exchange but goes a step further and claims that you develop and maintain relationshi
fenix001 [56]

The answer is equity theory. This theory was developed by John Stacey Adams. This theory states that <span>on telling whether the distribution of resources is just to both interpersonal partners. Equity is measured by equaling the ratio of contributions or costs and benefits or rewards for each individual.</span>

4 0
4 years ago
Which of the following is true of voluntary export restraints? a. It is a government payment to domestic firms. b. It is an exam
Alenkasestr [34]

Answer:

The answer is: D) It is an export quota levied by a country on the quantity of its exports.

Explanation:

Voluntary export restraints (VER) are agreements between an exporting country E and an importing country I which limits the amount of specific goods that country E can export to country I. The difference between quotas and VERs is that quotas are imposed limits by the importing country while VERs are negotiated limits.

7 0
3 years ago
Why variable costing and absorption costing net operating incomes may not be the same
kramer

Answer:

When units produced are greater than units sold, i.e., units in inventory increase, absorption income is greater than variable costing income because absorption costing defers a portion of fixed manufacturing costs in finished goods inventory.

<h2>Please mark me as brainliest</h2>

5 0
3 years ago
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