You have new items in your feed. Click to view.
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 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.
26,189,321 questions answered
Popular Conversations
Used in MLA style instead of noting each source at the bottom of the ...
Weegy: All fields of research agree on the need to document scholarly borrowings, but documentation conventions vary ...
9/24/2016 7:39:25 PM| 3 Answers
What are variable pay plans?
9/24/2016 1:46:45 AM| 1 Answers
Performance incentives include all the following EXCEPT Options ...
Weegy: Performance incentives include all the following EXCEPT? Performance incentives include all the following ...
9/24/2016 1:55:56 AM| 1 Answers
this vitamin includes eight different forms, all of which are ...
Weegy: Antioxidant is a substance that inhibits oxidation, especially one used to counteract the deterioration of ...
9/24/2016 6:48:14 AM| 1 Answers
Define mycosis
9/24/2016 7:01:15 AM| 1 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 936 [Total 5008] Ratings 2 Comments 916 Invitations 0 Offline
S
P
1
L
Points 663 [Total 1543] Ratings 5 Comments 613 Invitations 0 Offline
S
Points 205 [Total 499] Ratings 0 Comments 205 Invitations 0 Offline
S
Points 100 [Total 100] Ratings 0 Comments 100 Invitations 0 Offline
S
L
P
Points 97 [Total 1209] Ratings 0 Comments 97 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Online
S
L
P
P
P
Points 13 [Total 3875] Ratings 0 Comments 13 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.