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What account is credited when recording the cash purchase of a product?
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∙ 10y ago
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What is sale on account?
where a person or organisation buys on account, meaning they get the goods or product and will pay for them at a later date.
What exactly is accounts receivable and accounts payable?
Account Receivables are the right to claim against the sale of goods made by any business. It is merely concern with the sale of primary business product. Account Payables are the obligation to pay for the goods purchase with the intention to resale or to use in manufacturing of goods to sell.
What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
Which companies offer a merchant account on the web?
If you are attempting to sell a product on the web and would like to accept credit card payments it is essential that you have a merchant account. One of the best places to obtain a merchant account is with Go Daddy.
What do you mean by credit card and debit card?
credit means where we purchase any product are any items without cash and pay cash with in time of the month debit card means the cash of in our account where we want withdraw any where any time and buy any thing cash no credit
Where can one purchase the recording of the original Broadway cast of the musical The Lion King?
One can purchase the recording of the original broadway cast of the musical "The Lion King" from Amazon. The Amazon offers a special two disc edition of this product.
What did the Arabs use maths for?
to measure land, and account for product and prices in purchase and sale
Where can one buy a Mackie Onyx Blackbird recording interface online?
There are many places where one could purchase a Mackie Onyx Blackbird recording interface online. One could visit the official Mackie website for information regarding the purchase of this product.
How much to start a amazoncom account?
An account on Amazon for shopping purposes is free. However, you must pay for each product that you purchase using your Amazon account.
What primary function is money serving when you keep it in a bank account until you need it to purchase a product?
A store of value.
What are the eight types of business transaction?
cash sales, credit sales,purchase on account,collection from sales on account,settlement of purchase on account, direct purchase on cash,installment sales and installment payment
Where can you purchase the product Britesmile?
You can purchase the product Britesmile from their website. You can also purchase it from your dentist.
Who invented gasolone?
Noone is credited with the invention of gasoline because it is a by-product of petroleum product like kerosene.
Will a product tend to be elastic or inelastic if the purchase of a product can be delayed?
The product will tend to be elastic if the purchase of a product could possibly be delayed.
What are tying or bundling agreement?
The condition imposed by a seller which obliges a buyer to agree to purchase an additional product (tied product) if they wish to purchase their desired product (tying product).
What is meant by recording software?
I believe recording software means an product which allows you to record your voice or any sound on it. That is the best thought I can come up with for you.
Shaw Carpet Stain and Soil Remover Where can one purchase this product?
you can purchase this product at walmart,a durg store.
