Question and answer
For the merchant, bank credit card sales are treated in a manner similar to (Points : 3) sales on account. cash sales. installment sales. layaway sales.
For the merchant, bank credit card sales are treated in a manner similar to Answer A. sales on account.
Get an answer
Original conversation
User: When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger. (Points : 3) True False

User: When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger. (Points : 3) True False

User: For the merchant, bank credit card sales are treated in a manner similar to (Points : 3) sales on account. cash sales. installment sales. layaway sales.

Weegy: For the merchant, bank credit card sales are treated in a manner similar to Answer A. sales on account.
nami008|Points 101|

User: A business that purchases clothing, furniture, computers, or other products to sell to customers is a (Points : 3) retail business. not-for-profit business. wholesale business. service business

Weegy: A business that purchases clothing, furniture, computers, or other products to sell to customers is a retail business.
Expert answered|Darkiedark|Points 1234|

User: A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. (Points : 3) True False

Weegy: True
Expert answered|icecream00|Points 115|

Question
Asked 7/2/2013 2:09:30 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Sales made on account normally lead to cash receipts (Points : 3) True False User: To enter a cash sale, the journal entry includes (Points : 3) debiting Sales, debiting Sales Tax Payable, and crediting Cash. debiting Sales Tax Payable, debiting Cash, and crediting Sales. debiting Sales, debiting Cash, and crediting Sales Tax Payable debiting Cash, crediting Sales, and crediting Sales Tax Payable. User: Merchandise inventory ...
Weegy: C. a discount of 4% will be allowed if payment is made by the 15th of the month. User: A discount offered as an inducement for prompt payment of an invoice is called a(n) (Points : 3) trade discount. invoice discount. early discount cash discount. Weegy: A discount offered as an inducement for prompt payment of an invoice is called a: cash discount. User: Purchases Returns and Allowances is a contra-purchases account. (Points : 3) True False Weegy: Purchases Returns and Allowances is a contra-purchases account. This is TRUE. User: Assume the gross amount of an invoice is $100 and a discount of 20% is allowed. The amount of the trade discount totals (Points : 3) $20. $65. $40. $80. (More)
Question
Expert Answered
Asked 7/2/2013 2:16:18 PM
0 Answers/Comments
Assume the gross amount of an invoice is $100 and a discount of 20% is allowed. The amount of the trade discount totals (Points : 3) $20. $65. $40. $80.
Weegy: The amount of the trade discount totals $80. (More)
Question
Expert Answered
Asked 7/2/2013 2:23:00 PM
0 Answers/Comments
18,801,755 questions answered
Popular Conversations
Race is a myth in the sense that one race is superior to another and ...
Weegy: True - Race is a myth in the sense that one race is superior to another and of there being pure races. User: ...
12/20/2014 6:09:11 PM| 2 Answers
Find the slope of the line that passes through the pair of points ...
Weegy: The slope of the line that passes through the pair of points (6.5, 10.5) and (9.5, 7) is b. 0.22 .
12/20/2014 8:46:08 PM| 2 Answers
Multiply. (-8.7)(-1.1) User: divide -5/-20
Weegy: The answer is 100
12/21/2014 10:42:03 AM| 2 Answers
definition of absurdity
12/20/2014 12:13:09 AM| 1 Answers
If your supervisor criticizes the way you handled a certain ...
Weegy: A. clarify how your way of handling it was best. User: You can perform your job well only if you A. ...
12/20/2014 12:00:56 AM| 1 Answers
Personal pronouns take different forms depending on whether they’re ...
Weegy: When we want to show that something belongs to somebody or something, we usually add 's to a singular noun and ...
12/20/2014 12:24:16 AM| 1 Answers
Subjects in sentences refer either to nouns or to A. adverbs. ...
Weegy: An adjective can come before or after a noun or pronoun in a sentence.
12/20/2014 12:23:55 AM| 1 Answers
Weegy Stuff
S
L
P
Points 1137 [Total 4981]| Ratings 0| Comments 1137| Invitations 0|Offline
S
L
Points 741 [Total 1432]| Ratings 1| Comments 731| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 692 [Total 14877]| Ratings 1| Comments 682| Invitations 0|Offline
S
Points 681 [Total 681]| Ratings 1| Comments 671| Invitations 0|Offline
S
P
C
L
P
L
1
Points 128 [Total 6447]| Ratings 1| Comments 118| Invitations 0|Online
S
L
Points 83 [Total 1543]| Ratings 1| Comments 73| Invitations 0|Offline
S
1
L
L
Points 33 [Total 6700]| Ratings 0| Comments 33| Invitations 0|Offline
S
Points 30 [Total 30]| Ratings 0| Comments 0| Invitations 3|Offline
S
Points 23 [Total 29]| Ratings 0| Comments 23| Invitations 0|Offline
S
Points 22 [Total 22]| Ratings 0| Comments 2| Invitations 2|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.