A Debit Memorandum Decreases Which Account on the Seller's Books

question 72

Multiple Choice

A debit memorandum decreases which account on the seller's books?

• A)Accounts Payable
• B)Purchases Returns and Allowances
• C)Sales Returns and Allowances
• D)Accounts Receivable

---

Definitions:

Decreased Elasticity

A reduction in the ability of a material or tissue to resume its original shape after being stretched or compressed.

Oily Skin

A skin type characterized by excess sebum production, often resulting in a shiny appearance and prone to acne.

Nursing Centre

A facility or part of a facility dedicated to providing nursing care and services to patients or residents.

Sanitary

Conditions or practices maintained to ensure cleanliness and protect public health.