Question and answer
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
A business that purchases clothing, furniture, computers, or other products to sell to customers is a retail business.
Get an answer
Original conversation
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.
biokids513|Points 210|

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 122|

User: Sales made on account normally lead to cash receipts (Points : 3) True False

Weegy: Sales made on account normally lead to cash receipts answer: True Sales made on account are recorded in accounts receivable which in time of collection will be cash receipts.
Expert answered|Flerida|Points 126|

Question
Asked 7/6/2013 7:42:00 PM
Updated 322 days ago|5/12/2014 3:06:52 AM
1 Answer/Comment
New answers
Rating
0
When a business uses a subsidiary accounts receivable ledger, there is no need to keep a summary accounts receivable account in the general ledger. This is FALSE. The accounts receivable account in the general ledger serves as a control account the balance of which is used for financial statements.
Added 322 days ago|5/12/2014 3:06:52 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
20,182,957 questions answered
Popular Conversations
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 4 Answers
eukaryotes User: prokaryotes
Weegy: The answer is A. The origin of cell membranes, it cannot be any other listed. Anything else? User: Which kinds ...
3/30/2015 5:09:22 PM| 3 Answers
A good political speech, according to the lecture, is a ...
Weegy: b. long User: For political speeches, it is suggested that you tell the audience what the main message of the ...
3/30/2015 12:01:14 AM| 2 Answers
What is anxiety disorder?
3/30/2015 12:22:28 AM| 2 Answers
Solve for x. 4x – (6 – x) = 12 + 4x
Weegy: 4x+9=8 4x = 8 - 9 4x = -1 x = -1/4 User: Which expression is equivalent to –3x + 9? User: Solve for ...
3/30/2015 11:28:27 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
L
Points 543 [Total 1048]| Ratings 10| Comments 433| Invitations 1|Offline
S
P
C
L
P
L
1
P
Points 541 [Total 7848]| Ratings 8| Comments 461| Invitations 0|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 405 [Total 1527]| Ratings 2| Comments 385| Invitations 0|Offline
S
Points 215 [Total 215]| Ratings 2| Comments 195| Invitations 0|Online
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
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.