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Tell them that it is not their property to sell for profit. If they persist, tell them that if it is sold, you will not give them any profit; produce a receipt if necessary.
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What is Cash send and delivery sale?
payment for goods received which will be delivered
Advantages and disadvantages of sale and leaseback?
Advantage: Large cash injection. Disadvantage: In the long term it is more expensive.
What is meant in retail by the 'point of sale'?
In retail stores the point of sale is where the final transaction is made and completed. This means when a cash desk, cashier or automatic cashier totals up the bill and one pays the final amount, this is the point of sale.
What are the types of selling?
Cash take saleCharge take saleCash send or cash delivery saleCash on delivery (COD) salePart cash - Part charge saleInstallment saleCharge send or Charge delivery saleLay Away
Advantages of point of sale?
Here are a list of Advantages:Easier to useFaster than cash drawerAesthetically pleasing to the customerAllows you to market betterAllows you to review sale easilyAllows you to oversee entire business operationsMakes it easy to expandReduces employee theftSaves moneyIncreases your flexibility
Definition of cash take sale?
Take the cash and it will ba sale
What is the meaning of cash- take sale?
Cash-Take Sale. The customer pays for the goods and takes these home with him/her
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.
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 a cash only sale for a home mean?
When a home is sold "for cash", it means that the buyer has paid the seller in full, in cash, at the time of sale. There are no mortgages or loans involved in a cash sale. This type of sale can be advantageous for both the buyer and the seller. For the buyer, a cash sale means that they can ConnectPeopleInvestments purchase a home without having to go through the hassle and waiting time of getting a mortgage approved. And since there are no mortgages or loans involved, there are no closing costs or fees associated with buying a home this way.
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
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.
