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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's account is.credited or debited?
debited
How do you remove payment from suspense account to customers account?
payment in suspense to customers account as receivable account
Freight costs incurred by a seller on merchandise sold to customers will cause an increase in what?
selling price
When a seller records a return of goods the account that is credited is?
When a seller records a return of goods, the account that is credited is typically "Sales Returns and Allowances." This account is a contra-revenue account that reduces the total sales revenue reported on the income statement. Additionally, the inventory account may be debited to reflect the return of goods to stock.
When the seller is paid the customers account is what?
The customer's account is credited.
When a customers account is paid the customers 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 credited or debited?
credited
When seller paid the customer 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?
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.
How much would a Tudor water seller be paid?
He would set a rate for his water and customers would pay him as he sold it.
Responsible seller serves of alcohol must know when the law and their customers else what else must seller servers know?
Responsible seller servers of alcohol must know the law and their customers. And what else must seller-servers know?
How do you remove payment from suspense account to customers account?
payment in suspense to customers account as receivable account
When the seller is paid the customer?
credited
