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Because usually people don't have a lot of cold hard cash on them and they need a loan instead.
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∙ 12y ago
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What is the difference between cash payment and cash receipt?
hi people when are you going online
What stores take cash as payment?
All the stores take cash as payment in every branch. People get bribed and could get victim of a street robbery. Herefore, is it better to pin your amount then pay cash.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
Why do people accept check for payment?
Paying by cheque means that you don't have to go to your bank, withdraw the cash, and carry the cash on your person.
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
How can one pay cash for houses?
If you have accumulated enough money to pay cash for a house you would present the payment for the house to realtor or lawyer that represents the current owned of the house at the closing. It is likely that they would require a cashiers check for a sum that large.
What is the difference between cash payment and cash receipt?
hi people when are you going online
What is the direct payment to eligible poor people?
Cash Tranfers
Payment by check or payment by cash?
cash payment limited for budget 2010-2011
What stores take cash as payment?
All the stores take cash as payment in every branch. People get bribed and could get victim of a street robbery. Herefore, is it better to pin your amount then pay cash.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
Why do people accept check for payment?
Paying by cheque means that you don't have to go to your bank, withdraw the cash, and carry the cash on your person.
Do you have to pay cash to buy a foreclosed home?
Not all cash. You have to pay some cash to buy any home (the down payment). Therefore you buy it the same way you would buy any house.
If a company will not take your cash payment do you still owe the money?
Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.
What are some payment alternatives to checks and cash?
An alternative payment to checks and cash is through an online middle man currency service. The most popular of these is PayPal, which is used by millions of people across the world.
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
What is an outflow of cash profitable operations the sale of equipment the sale of the company's common stock or the payment of cash dividends?
the payment of cash dividends
