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What do you call an arrangement of receiving money or goods or services now in exchange for the promise of payment later?

credit


What do you call an arrangement of receiving money goods or services now in exchange for the promise of payment later?

credit


What is bipartite?

credit always involves parties: the debtor who obtains the money, goods or services in exchange of his promise to pay at a future date


Paying at a future date for the present use of goods and services or money is what?

Credit.


What allows the user to obtain goods and services or money in return for future payments?

credit


What is a purpouse of a check?

A cheque is a written 'promise' from the issuers bank to the recipients bank to pay for goods or services on behalf of the customer.


What is the proper accounting entry for accrued liability?

WHICH IS PAYABLE...Under accrual method of accounting, goods or services are received today and payment is made in the future. The transaction is recorded in the books when the goods and services are receive.


What is a form of credit used to obtain goods and services in exchange for a promise to pay in full within 25 days of the billing date?

your balls


What is commission sales?

When you are paid on a commission basis, you receive a certain percent of the price of the goods/services you sold, rather receiving a wage or salary.


How do you place a value on money?

By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.


What services are offered by FreeBay?

The services offered by Free Bay are for people who have goods or excess goods they don't need or use anymore. They have also introduced the Swop Shop page where a person can trade goods for goods, goods for services, services for goods, and services for services.


Match the role with the actions taken by players in that role.?

consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services