A Debit to Sales Returns and Allowances and a Credit

question 52

Multiple Choice

A debit to Sales Returns and Allowances and a credit to Accounts Receivable:

• A)Reflects an increase in amount due from a customer.
• B)Recognizes that a customer returned merchandise and/or received an allowance.
• C)Requires a debit memorandum to recognize the customer's return.
• D)Is recorded when a customer takes a discount.
• E)Reflects an increase in net sales.

---

Definitions:

PR Spending

The amount of money allocated by organizations to public relations activities, aimed at managing and enhancing their public image and communications with various stakeholders.

Writing Clearly

The practice of conveying messages in a straightforward and understandable manner, ensuring that the intended audience easily comprehends the text.

Effective PR

Effective PR encompasses strategies and tactics used by organizations to communicate positively with the public, clients, and stakeholders to maintain or enhance their reputation.

Unexpected Crises

Unforeseen events or emergencies that significantly impact an organization, requiring immediate and effective response strategies.