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purchase of goods against an agreement to pay amount on future determine time period

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12y ago

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Related Questions

What can I purchase using a credit card?

You can purchase goods and services using a credit card.


What is the credit entry for purchase?

purchase a/c Dr To Customer Name (Being Credit Purchase to C ' Name Rs)


What happens when you make a purchase using a credit card?

When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.


Can I receive a credit card transaction receipt for this purchase?

Yes, you can receive a credit card transaction receipt for this purchase.


How is a purchase made on credit?

If you are having creditworthiness in the market, the seller will offer you credit against your purchase. The period of credit depends on volume of purchase and your worthiness. The same principle is applied to company to company transactions.


Where can I purchase home depot credit card online?

You cannot purchase home depot credit card online but you can purchase a home depot gift card online or in the store. To get a credit card you have to apply for it


How does consumer credit work?

Consumer credit can be considered to be a complicated work of art. When a credit purchase is made it affects the credit score. Having good credit is essential to making huge purchase such as a house or a car.


How much is a two percent purchase on a credit card?

It will depend on how much your credit limit is. For example, if your credit card limit is $500, a two percent purchase on your credit card would be $10.00


Where to purchase a good credit score from someone?

You cannot purchase your personal credit record from someone else. It is your credit history that has been reported by your creditors to the central credit data gathering agencies. It's like asking, "Where can I purchase a good dental record?"


Journal entry for credit purchase?

[Debit] Purchases[Credit] Accounts payable


What is the purchase of equipment on credit recorded by?

A debit to equipment and a credit to liability


What about credit card?

line of credit that you can borrow, to purchase items. it is a loan