postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
No, there is no sales tax on U.S. postage stamps in Michigan. Postage stamps are considered a form of postal service, which is exempt from sales tax in the state. This exemption applies to both individual stamps and bulk purchases.
postage a/c dr to cash a/c (debit all expenses and losses)
The amount of stamps needed for an envelope is determined by weight. Weigh your a4 envelope and you will know how much postage is needed.
Petty cash - is a sum of money held on the premises of a business... that is (usually) used for essential items such as postage, refreshments and travel costs.
DR all expenses (Postage expense,Misc. expense,John Smith, drawing,Telephone expense. CR Cash
postage stemps a/c .................... drTo cash a/c
The first postage stamps were issued in 1840 in Great Britain. Before that time. postage was either collected upon delivery or prepaid with cash when the letter was mailed.
No, there is no sales tax on U.S. postage stamps in Michigan. Postage stamps are considered a form of postal service, which is exempt from sales tax in the state. This exemption applies to both individual stamps and bulk purchases.
Yokiti Yamamoto has written: 'Japanese postage stamps' -- subject(s): Postage stamps 'Japanese postage stamps (for philatelists)' -- subject(s): Postage-stamps
Yes, every country uses postage stamps.
US postage stamps do not expire -- they are always worth face value as postage.
No- the post office will not take them back. Mint sheets of older stamps often sell for 80% of face because the owners want the cash.
No, they did not exist then. Great Britain introduced the first postage stamps in 1840.
Mark Harris Winnegrad has written: 'Highlights of the history of printing as depicted on postage stamps' -- subject(s): History, Postage stamps, Printing, Topics 'Printing on stamps' -- subject(s): History, Postage stamps, Printing, Printing on postage stamps, Topics
Yes, it is one of the Postage Stamp countries that obtains a large percentage of their revenue through the sale of postage stamps.
20 stamps
There were no stamps in 1801. The first postage stamps were issued in Great Britain in 1840. It was several years after that that German issued postage stamps.