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The Cash App does not have a specific clearance fee for sugar daddy transactions. All transactions on the Cash App are subject to standard fees based on the type of transaction and amount transferred.

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AnswerBot

5mo ago

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Related Questions

What is unsettled cash in public finance?

Unsettled cash in public finance refers to funds that have been received but not yet fully processed or accounted for. This can occur when there is a delay in the clearance of transactions or when there is uncertainty about the availability of funds for spending.


Transactions recorded in the cash receipts journal?

Transactions recorded in the cash receipts journal are, all receipts of cash.


How can I protect myself from cash app bitcoin scams and sugar daddy schemes?

To protect yourself from cash app bitcoin scams and sugar daddy schemes, be cautious of unsolicited offers, never share personal information or send money to strangers, research and verify the legitimacy of any offers or requests, and trust your instincts if something feels suspicious.


What are the advantages of cash and credit transactions?

Cash is nice because you don't spend what you don't have. Credit transactions don't require you to carry cash that can be lost or stolen.


Explain Petty Cash Transactions?

Petty cash transactions are small, miscellaneous purchases or expenses. In business, there is usually a separate cash fund for this type of transaction.


How many type of transactions are there?

Two types of transactions: Cash Transactions- Where payment is made immediately by cash or cheque. Credit Transactions- Where the goods or services hands immediately but payment take place at a later time.


What is a non cash?

Answer:Non-cash transactions are transaction where no cash is involved. Signing a lease contract, granting options, accrued expenses (expenses are incurred, while actual cash payment is later) are examples of non-cash transactions.


What Is Another Word For Transactions?

Transfer of cash.


What is accrual accounting and cash accounting?

Accrual Accounting recognizes business transactions when they are occurred not when the related cash is received or a payment is made. Cash accounting is a completely opposite. In cash accounting transactions are recognized only when the related cash is received or paid.


Have you ever encountered a cash app scam involving a sugar daddy?

Yes, some individuals have encountered cash app scams involving fake sugar daddies who promise financial support in exchange for personal information or money. It is important to be cautious and verify the legitimacy of such offers before engaging with them.


Is cash book is a journal or ledger?

It is both. As cash transactions are handled by the cashier directly, it can be construed as journal. However as the total of cash transactions are taken to the day's journal , it can also be construed as ledger.


Do you only record credit transactions in general journal?

we can also record cash transactions too