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A purchase account can be used for which of the following purposes?
Wiki User
∙ 6y ago
An account holder would like to make a purchase that exceeds the monthly limit on the purchase account. What is the next step?
Wiki User
∙ 6y ago
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What is an account number for charter?
An account number for charter is the special number designated for the charter that is used for the banking purposes.
Explain what a purchase journal is use for?
Purchase journal is used for keeping the chornological record of date wise purchase of goods purchased for trading purposes on credit.
What does an American Express commercial account offer?
An American Express commerical account will offer an account specifically related to a business. This credit card account will then be linked to the commerical banking accounts to be used for business purposes.
Is purchase return is contra account?
Purchase return is a contra account because it reduces the balance in the Purchase account in an attempt to determine cost of goods sold. This is like sales returns and allowances being used to determine net sales on an entity's income statement.
What is a trade accounts payable?
It is the liability on an open account for the purchase of a commodity or service used in the regular course of business.
What is an account number for charter?
An account number for charter is the special number designated for the charter that is used for the banking purposes.
How does one purchase products from eBay online?
In order to purchase from eBay, one needs an eBay account, as well as a PayPal account. The eBay account is used for keeping track of purchases, while the PayPal account is used for sending money via credit card.
Explain what a purchase journal is use for?
Purchase journal is used for keeping the chornological record of date wise purchase of goods purchased for trading purposes on credit.
What purposes is coconut matting used for?
Coconut matting is used for several purposes. Some of them are the following: it can be used as a protector from humidity, but while retaining the ability for oxygen to circulate, therefore it can be used as a mattress coating.
What is purchases account?
Purchase account is a record account in which all inventory purchases are noted. This is commonly used with the periodic inventory method.
Which of the following tools can be used for security auditing purposes?
Nessus Microsoft Baseline Security Analyzer
What does an American Express commercial account offer?
An American Express commerical account will offer an account specifically related to a business. This credit card account will then be linked to the commerical banking accounts to be used for business purposes.
Is purchase return is contra account?
Purchase return is a contra account because it reduces the balance in the Purchase account in an attempt to determine cost of goods sold. This is like sales returns and allowances being used to determine net sales on an entity's income statement.
The proceeds of the Georgia state lottery after prizes and operating expenses is held in a separate account which can only be used for education programs and purposes in the state?
Lottery for Education Account
Where can one purchase new wire racks?
Where to purchase a wire rack depends on what it is being used for a cooling wire rack for baked goods in the kitchen or for shelving purposes around the house. Generally one can purchase either of those wire racks from the following retailers: "Amazon", "Walmart", "Argos", "Grainger", to name a few. Prices will depend on the kind one is looking for.
Where can one purchase a Kioti tractor?
The best place to purchase a Kioti tractor may be from the Kioti manufacturer directly. As they are primarily used for commercial purposes, they are not widely available.
Which of the following accounts is an owner's equity account?
When purchasing a home with a home loan part of your mortgage payment will go to the equity account. The following would be used with an owner's equity account: paying property taxes and paying homeowners insurance.
