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Q: When a sale is made to a customer on credit it creates an AR which is classified as?
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When a cell is made to a customer on credit it creates an AR which is classified by a company as?

When a sale is made to a customer on credit, it creates an AR which is classified by the company as an accounts receivable.


When a sale is made to a customer on credit it creates an a r which is classified by your company as?

Asset


When a sale is made to a customer on credit it creates an Accounts Receivable which is classified as?

Sundry Debtors


When a sale is made to a customer on credit it creates an Accounts Receivable which is classified by your company as?

an asset


When a sale is made to a customer on credit it created an account receivable which is classified as?

Sundry Debtors


The decision to grant credit to a customer is normally made by the middle manager?

no, its not


A claim against a customer for sales made on credit is an account payable?

yes


How to pass the entry against credit note in our accounts?

In order to credit a customer in the account, a credit note must be issued. After that is done, a journal entry can be made to indicate the credit.


What is different between sales credit and cash credit?

In cash sales, payments are made instantly by the buyer/customer to the seller, where as in credit sales, the payments are generally made after a specific period as agreed upon between the buyer and the seller.


Which are the reasons of rejection in sales order process?

Price wrong. Promises made wrong. Credit terms unacceptable Customer bad credit risk. Like that?


Do you need any type of insurance to protect yourself in case a purchase gets through that was made with a stolen card?

Currently, there is no type of insurance available for merchants that will reimburse you for payments made with stolen credit cards. Therefore, it is the main concern of most merchants whether or not there will be a high incidence of fraud or chargebacks. Chargebacks are reversals against a sale that was credited to your account. For example, if the customer�s bank made an error, if there was a customer misunderstanding, or if a purchase was made with a stolen credit card, the cardholder�s bank will reverse the sale, and you, the merchant, will be required to provide proof that the goods and services in question were purchased by the customer, and that you provided them to the customer. In a normal situation, actual products are considered to be much safer than services, because there is not as much wiggle room for the customer to dispute. Also, when a customer receives his purchased goods immediately, a credit card payment made for those goods is viewed as being less risky. This risk of fraud and chargebacks is greatly dependant on the type of business you are operating and the type of credit card transactions that your company performs. Point-of-sale transactions, which allow you or the customer to swipe the credit card, require a customer signature. When you have a customer signature on file for a purchase, you have more insurance than if you generally accept �card absent� transactions, in which you accept credit card payments over the phone, by mail or over the Internet.


What is the customer service number for Massage Warehouse?

The customer service number for Massage Warehouse is 1 888 918 2253. Payment for products purchased at Massage Warehouse can be made by credit card or personal check. Among the credit card options are Visa , MasterCard and American Express.