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When the seller is paid the customer's account is credited or debited?
credited
When the seller is paid the customer account is debited or credited?
credited
When the seller is paid the customers account is what?
The customer's account is credited.
Advances from customers appear in the accouting?
If you are the seller and recieve an advance payment from a customer, it means you are owing the customer and as much a creditor. Your cash is debited and the customer ( Customer's deposit account) credited;
When the seller is paid the customer's account is.credited or debited?
debited
When seller paid the customer account is?
credited
What is the customer account when the seller is paid?
The customer's account is credited.
When the seller is paid the customer's account is what?
The customer's account is credited.
Why was the full sale amount not credited to my PayPal account after selling an item on eBay?
There is a "seller's fee" charged on transactions. You as the seller get what is left after deducting this fee from the amount the buyer payed.
When the seller is paid the customer?
credited
What is double entry treatment of DISCOUNT Allowed and Received?
Discount allowed: original entry made in the discount allowed column on the debit side of the cash book and at the end of the month debited(after balancing the cash book) in the nominal ledger. The credit entry is made in the personal account of buyer. Discount received: original entry made in the discount received column on the credit side of the cash book and at the end of the month credited(after balancing the cash book) in the nominal ledger. The debit entry is made in the personal account of seller.
What is Personal selling?
---- THE PROCESS THROUGH WHICH A SELLER PERSUADES THE CUSTOMERS TO BUY THE PODUCTS OR SERVICES . OR TO UNDERSTAND CUSTOMERS PROBLEMS
