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All the stores take cash as payment in every branch. People get bribed and could get victim of a street robbery. Herefore, is it better to pin your amount then pay cash.
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∙ 10y ago
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What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
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
When is Accounts receivable credited?
When you decrease your receivables. You take in cash on a loan payment... Cash is debitted. The corresponding action in double entry bookkeeping is to credit receivables. Cash went up, receivables went down by the same amount. When you decrease your receivables. You take in cash on a loan payment... Cash is debitted. The corresponding action in double entry bookkeeping is to credit receivables. Cash went up, receivables went down by the same amount.
What are the advantages of cash payment?
There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.
If a company will not take your cash payment do you still owe the money?
Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.
Payment by check or payment by cash?
cash payment limited for budget 2010-2011
How do you compel a BK trustee to take a full cash payment and discharge the BK?
You can compel the BK trustee to take full cash payment and discharge the bankruptcy by going to his/her office in person or setting a court date. Your attorney can advise you the best path to take.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
How many type of transactions are there?
Two types of transactions: Cash Transactions- Where payment is made immediately by cash or cheque. Credit Transactions- Where the goods or services hands immediately but payment take place at a later time.
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
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
When is Accounts receivable credited?
When you decrease your receivables. You take in cash on a loan payment... Cash is debitted. The corresponding action in double entry bookkeeping is to credit receivables. Cash went up, receivables went down by the same amount. When you decrease your receivables. You take in cash on a loan payment... Cash is debitted. The corresponding action in double entry bookkeeping is to credit receivables. Cash went up, receivables went down by the same amount.
What is the definition of a cash payment?
The definition of a cash payment is a form of liquid funds that is given by a consumer to service and goods providers in return for receiving them. You can learn more about cash payment at the Business Dictionary website.
What are the advantages of cash payment?
There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.
What is the definition of cash disbursement?
CASH DISBURSEMENT: A payment of money or simply a payment. Usually, the writing of a check to pay for an item previously obligated to be paid, such as loan payment, salary payment or accounts receivable payment.
How can you pass entry for cash payment?
cash dr. to party.
