Let's Celebrate Z-Mart's Debit Memo Adventure!
What does the $30 debit memorandum issued by Z-Mart to Trex represent?
a) Z-Mart received a discount on its purchase.
b) Z-Mart paid for merchandise from Trex.
c) Z-Mart returned defective merchandise to Trex.
d) Z-Mart collected a payment from Trex.
Answer:
The $30 debit memorandum from Z-Mart to Trex for defective merchandise indicates that Z-Mart returned defective goods and received an allowance, reducing their payable to Trex. Option c.
On November 5, Z-Mart issued a $30 debit memorandum to Trex for an allowance related to defective merchandise. This fun and joyful transaction represents Z-Mart's exciting adventure in returning faulty items to Trex and receiving an allowance in return.
Imagine the thrill of discovering defective merchandise, contacting Trex, and successfully returning the items. Z-Mart's quick action led to the issuance of a debit memorandum, signaling the adjustment of accounts and the reduction of payable to Trex.
Just like in a thrilling adventure story, the $30 debit memorandum symbolizes Z-Mart's victory in overcoming the challenge of dealing with defective merchandise. The allowance received from Trex serves as a reward for Z-Mart's efforts in handling the situation responsibly.
In conclusion, the $30 debit memorandum represents Z-Mart's courageous act of returning defective merchandise to Trex and receiving an allowance in return. This exciting transaction showcases Z-Mart's commitment to quality and their ability to navigate challenges with grace and enthusiasm.