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Zane Blick

Lvl 10
2y ago

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Related Questions

When the seller is paid the customer's account is what?

The customer's 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 customers account is what?

The customer's account is credited.


When the seller is paid the customer account is debited or credited?

credited


When the seller is paid the customer's account is credited or debited?

credited


When the seller is paid the customer's account is.credited or debited?

debited


When the seller is paid the customer payment is?

When the seller is paid, the customer payment is considered complete, and the transaction is finalized. This typically involves the transfer of funds from the customer's account to the seller's account, thereby confirming the exchange of goods or services. The seller may then issue a receipt or confirmation of the sale to the customer. In accounting terms, this payment reflects a reduction in the customer's liabilities and an increase in the seller's revenue.


When the seller is paid the customer's payment is...?

When the seller is paid, the customer's payment is typically processed through a payment gateway or financial institution, transferring funds from the customer's account to the seller's account. This transaction may involve various steps, including authorization, settlement, and confirmation. Once completed, the seller receives the payment, and the customer’s account reflects the deduction. Additionally, the seller may receive a notification of the successful transaction for record-keeping purposes.


When the seller is paid the customer?

credited


When the seller is paid the customers payment is?

When the seller is paid, the customer's payment is typically processed through a payment gateway or financial institution, which verifies the transaction and transfers the funds. Once the payment is confirmed, it is credited to the seller's account, completing the exchange. This process ensures that both parties fulfill their obligations in the transaction.


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;


Can you cancel my order as an Amazon seller?

As an Amazon seller, you can cancel an order before it has been shipped to the customer. You can do this by going to your seller account, locating the order, and selecting the option to cancel it. However, once the order has been shipped, you will need to contact the customer directly to arrange a return or refund.