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What is an outflow of cash profitable operations the sale of equipment the sale of the company's common stock or the payment of cash dividends?
the payment of cash dividends
What is the meaning of cash- take sale?
Cash-Take Sale. The customer pays for the goods and takes these home with him/her
A sale for which cash will be received at a later date is called a sale on account?
Yes or a Credit Sale
Can you record transactions in 2 journals Example Can sale of merchandise for cash be put in the cash receipts journal and the sales journal?
A sale of merchandise for cash would be: Debit cash or bank account, Credit sales
When goods are returned that relate to a prior cash sale?
The Cash account will be credited.
What are different types of selling?
1.cash-take sale 2.cash-send or cash-deliver sale 3.charge-take sale 4.charge-send or charge-deliver 5.lay-away or will-call sale 6.part-cash part-charge sale 7.C.O.D. sale 8.installment sale 9.Internet sites.
Cash send or cash deliver sale?
this sales type requires the costumer to pay for the goods he buys and the store delivers the goods to his/her home.
Definition of cash take sale?
Take the cash and it will ba sale
What is the difference between cash sale and credir sale?
A cash sale is instant - a credit sale is a 'promise' of payment to come.
What is an outflow of cash profitable operations the sale of equipment the sale of the company's common stock or the payment of cash dividends?
the payment of cash dividends
What is the meaning of cash- take sale?
Cash-Take Sale. The customer pays for the goods and takes these home with him/her
Is sales tax required at the time of sale on a cash sale?
Yes.
What is point of sale cash Advance?
This is pos sale cash advance where a customer obtain money from his/her credit card at pos terminal.
A sale for which cash will be received at a later date is called a sale on account?
Yes or a Credit Sale
Where can one find cash flow notes for sale?
You can find cash flow notes for sale at Findlaw, Buyer Pricer, Qwoter and other websites. You can also find cash flow notes for sale through your financial advisor.
Can you record transactions in 2 journals Example Can sale of merchandise for cash be put in the cash receipts journal and the sales journal?
A sale of merchandise for cash would be: Debit cash or bank account, Credit sales
When goods are returned that relate to a prior cash sale?
The Cash account will be credited.
