Difference between revisions of "Credit memorandum"
(Created page with "Credit memorandum is increase in depositor's balance. ==Definitions== According to College Accounting: A Practical Approach by Slater (13th edition), :Credit me...") |
(→Definitions) |
||
| Line 5: | Line 5: | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Credit memorandum]]. Increase in depositor's balance. | :[[Credit memorandum]]. Increase in depositor's balance. | ||
| + | :[[Credit memorandum]]. A piece of paper sent by the seller to a customer who has returned merchandise previously purchased on credit. The credit memorandum indicates to the customer that the seller is reducing the amount owed by the customer. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 08:47, 20 December 2018
Credit memorandum is increase in depositor's balance.
Contents
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Credit memorandum. Increase in depositor's balance.
- Credit memorandum. A piece of paper sent by the seller to a customer who has returned merchandise previously purchased on credit. The credit memorandum indicates to the customer that the seller is reducing the amount owed by the customer.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
