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What account are affected when services are sold on account?
sales and accts. receivable
What services does BBandT Bank offer to account holders?
BB&T Banking Services offer a variety of common services for their account holders. This includes banking accounts, mortgage services, and safe deposit boxes. Premier account holders get even additional benefits for being a premier member.
What services can be accessed using RBC Bank online?
The services that can be accessed using RBC Bank online include logging into your account, checking your account balance whether in your savings account or checking account, along with asking questions with an employee online.
What is the difference between periodic and perpitual inventory system?
Periodic Inventory System Inventory account and cost of goods sold are non-existent until the physical count at the end of the year. Purchases account is used to record purchases. Purchase Return account is used to record Purchases Returns account. Cost of goods sold or cost of sale is computed from the ending inventory figure For goods returned by customers there are no inventory entries. Perpetual Inventory System Account and the balance of costs of goods sold and inventory account exist all the time. No individual purchases account but the purchases are recorded in the Inventory Account. No individual Purchase Returns account but the purchases return are recorded in the Inventory Account. Record cost of goods sold/cost of sale - inventory is reduced when there is a sale. Returns from customers are recorded by reducing the cost of goods sold and adding back into inventory.
Can you pay for chiropractic services using a Health Savings Account (HSA)?
Yes, you can typically pay for chiropractic services using a Health Savings Account (HSA) as long as the services are considered qualified medical expenses by the IRS.
What account are affected when services are sold on account?
sales and accts. receivable
What does sale on account mean?
A sale "on account" would usually refer to a transaction where goods or services are transferred (sold) to a customer (buyer) on credit terms (to be paid for later at a specific time).
What is an account receivable?
account receivables reflects those amount which the company has sold and payment for that sold items has not yet recieved so that amount will be booked as account recievables
What are the account titles of sold merchandise that cost 1500 for 2600 cash?
the answer is........... account title; cash 2600 merchandise sold 1500
Services rendered in accounting is what account?
revenue account
What is gasoline sold by?
At the pump station services Gasoline is sold by the gallon.
What account is used to record the cost of inventory sold?
Cost of goods sold ( ? )
How do you cancel an Gmail account?
You can delete you Gmail account by Going to Google, Clicking on "Account Settings", Then Clicking on "Edit Services" and then Selecting, "Delete my account and all services associated with it".
How can you stop your Gmail account?
You can delete you Gmail account by Going to Google, Clicking on "Account Settings", Then Clicking on "Edit Services" and then Selecting, "Delete my account and all services associated with it".
What is indirect services?
services produced and then sold to other people in need of them
Is cost of goods sold a nominal account?
yes it is. it is an income statement account
Why do consumers directly benefit from greater productivity?
Goods and services are produced faster and can be sold more cheaplyGoods and services are produced faster and can be sold more cheaply.It is easier to compare prices. Goods and services are produced faster and can be sold more cheaply.
