Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: 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: 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 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 5/12/2014 3:06:52 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,495,226 questions answered
Popular Conversations
The following two sentences are saying the same thing. Emily, my ...
Weegy: The following two sentences are saying the same thing. Emily, my daughter, is in sixth grade. Emily, my daughter ...
11/13/2017 12:26:02 PM| 3 Answers
3a-5=-6a+1
Weegy: 3a - 5 = - 6a + 1 = a = 0.6666666667 or 2/3. Solution: 3a + -5 = -6a + 1; -5 + 3a = -6a + 1; -5 + 3a = 1 + ...
11/19/2017 2:37:56 PM| 3 Answers
When magma reaches the Earth's surface it's called A. ...
Weegy: The study of the Earth's magnetic field is known as: paleomagnetism. User: What are two of the processes ...
11/21/2017 7:34:39 PM| 2 Answers
Identify the italicized word. Don gave his "teacher" the note. ...
Weegy: Word bank: (Subject. Predicate. Direct Object. Indirect Object. Predicate Nominative. Predicate Adjective) 1. ...
11/14/2017 7:53:22 PM| 2 Answers
Weegy Stuff
S
L
P
Points 186 [Total 311] Ratings 11 Comments 76 Invitations 0 Offline
S
P
L
P
Points 23 [Total 153] Ratings 0 Comments 23 Invitations 0 Offline
S
P
P
L
P
P
Points 20 [Total 1658] Ratings 0 Comments 20 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.