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
21,929,360 questions answered
Popular Conversations
What is a culture region? A. a geographic unit determined by ...
Weegy: C. a large, contained region, like a continent User: A thematic map that shows languages or religions ...
8/27/2015 12:51:36 PM| 3 Answers
Complete the analogy below. Fingers are to hands as _______ to ...
Weegy: Fingers are to hands as TOES to feet. User: Hammer is to nail as screwdriver is to ...
8/27/2015 8:58:25 AM| 2 Answers
What was the main agreement made with the establishment of the North ...
Weegy: C. that each nation would come to one another's defense in the event of a Soviet attack User: Who ...
8/27/2015 1:02:18 PM| 2 Answers
blank endorsement?
8/27/2015 3:47:01 PM| 2 Answers
Write the equation for 5x 2y = 3 in slope-intercept form.
Weegy: The equation for 5x + 2y = 3 in slope-intercept form is y = -5/2x + 3/2. User: 5x+2y=3 solve for x User: y= ...
8/27/2015 9:25:42 PM| 2 Answers
What is the value of the expression ( 3)^4? A. 12 B. 12 C. ...
Weegy: What is the value of the expression ( 3)4? The answer is 3^(-4)=1/3^4=1/81.
8/27/2015 9:49:36 PM| 2 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 1138 [Total 11491]| Ratings 6| Comments 1078| Invitations 0|Offline
S
L
Points 730 [Total 1045]| Ratings 1| Comments 720| Invitations 0|Offline
S
1
L
L
Points 677 [Total 9145]| Ratings 2| Comments 647| Invitations 1|Offline
S
L
L
P
1
Points 667 [Total 9240]| Ratings 2| Comments 647| Invitations 0|Offline
S
Points 479 [Total 705]| Ratings 1| Comments 469| Invitations 0|Offline
S
Points 242 [Total 250]| Ratings 0| Comments 242| Invitations 0|Offline
S
Points 215 [Total 215]| Ratings 3| Comments 185| Invitations 0|Offline
S
Points 214 [Total 533]| Ratings 1| Comments 204| Invitations 0|Offline
S
Points 145 [Total 222]| Ratings 0| Comments 145| Invitations 0|Offline
S
Points 104 [Total 105]| Ratings 1| Comments 94| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.