When a buyer returns or takes an allowance on merchandise, the Buyer issues a debit memorandum to inform the Seller of a debit made to the seller's account in the buyer's records
Explanation:
A debit memorandum is an information recording adjustment for three particular cases: reducing the account balance of a bank customer, under filling goods or services or a small credit balance internally offset to a customer account.
A debit receipt is provided to an account holder in financial institutions stating that now the balance of the account was reduced due to a cause apart from cash withdrawal or cash search. Because of bank fees or bundled check expenses, debit memos may arise. Usually, the memos and their monthly bank statements are forwarded to bank clients.
Answer:
$217,500
Explanation:
We know that the
Cost of goods sold = Sales revenue - gross profit
= $375,000 - $157,500
= $217,500
To compute the cost of goods sold we deduct the gross profit from the sales revenue so that the cost of goods sold can come.
And, the net income would be ignored
This is the answer but the same is not provided in the given options
Answer:
Manual. Manual sewing machines are run by pedaling and therefore, no electricity or battery is required to run them. ...
Electronic. These machines have a single motor that runs on electricity
Explanation:
By always do doing what your soupost do without you parent telling you to do it. Hope this helped
Answer:
the true cost (opportunity cost) of going trekking is what the amount that you could have earned from your part time job on that day instead of going trekking. If you were planning to to study, then the true cost of trekking with your friend would be the loss of all the potential knowledge that you could have gain from studying.
Explanation:
opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.
