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.
26,596,049 questions answered
Popular Conversations
y varies directly with x and has a constant rate of change of ...
Weegy: we can model this in terms of a linear equation. y=mx+b Since the question states that y varies directly with ...
12/8/2016 11:22:54 AM| 2 Answers
Solve (x + 1 -3). User: What is the GCF of the trinomial? 3x^2 - ...
Weegy: The GCF of the trinomial 3x^2 - 15x - 42 is 3. User: , write the equations of the line passing through the ...
12/8/2016 11:16:05 AM| 2 Answers
6% of what number is 270?
Weegy: 270 * 6 = 1620 A number divided by six is 270. The number is 1620. User: Find 5% of $32.68. Weegy: 5% of ...
12/8/2016 5:50:27 PM| 2 Answers
Weegy Stuff
S
P
Points 178 [Total 450] Ratings 1 Comments 168 Invitations 0 Offline
S
P
Points 79 [Total 511] Ratings 0 Comments 79 Invitations 0 Offline
S
Points 52 [Total 52] Ratings 0 Comments 52 Invitations 0 Offline
S
P
P
Points 50 [Total 729] Ratings 0 Comments 50 Invitations 0 Offline
S
Points 26 [Total 302] Ratings 0 Comments 26 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 8 [Total 8] Ratings 0 Comments 8 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.