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
20,181,400 questions answered
Popular Conversations
After the Spanish-American War, the _______ reserved the right of the ...
Weegy: After the Spanish-American War, the Platt Amendment reserved the right of the United States to intervene in ...
3/29/2015 10:56:48 PM| 3 Answers
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 3 Answers
Discretionary spending is spending which requires governmental ...
Weegy: Discretionary spending is spending which requires governmental approval on an annual basis. TRUE. User: ...
3/29/2015 9:27:10 AM| 2 Answers
What is the equation of the line that has a slope of –2 and a ...
Weegy: The answer is B) architecture and music. User: Some nouns that end in -um are made plural by changing the –um ...
3/29/2015 10:39:54 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 541 [Total 7848]| Ratings 8| Comments 461| Invitations 0|Offline
S
L
Points 527 [Total 1032]| Ratings 10| Comments 417| Invitations 1|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 401 [Total 1523]| Ratings 2| Comments 381| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 185 [Total 185]| Ratings 2| Comments 165| Invitations 0|Online
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.