Response was received from a positive confirmation effort

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The following response was received from a positive confirmation effort for balance sheet dated December 31, 2013, related to accounts receivable. State for each (a) whether it represents an exception, and (b) how you would clear the exception or propose an adjustment, where necessary.

The merchandise was returned on December 27, 2013, FOB shipping point per our bill of lading, and we received a credit memo on January 12 for this merchandise.

Reference no: EM13776554

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