b. Cash received equates to sales minus the dues assessed by the card handling company.

You are watching: When recording credit card or debit card sales using the net method

c. Cash received equals sales add to the fee assessed by the card handling company.

d. Cash isn’t received by the seller until the customer payment his or her credit card statement.

jan 09 2021 03:42 am

1 approved Answer


Subhrata R answer on January 11, 2021
5 Ratings, (13 Votes)
Answer1. Alternative d is correct. No one of the over statement is correct. Prize 2. Option d is correct. Poor debts are very same as cynical accounts and uncollectible accounts. Answer3. Option b is correct.When...
ording credit- or debit-card sales utilizing the net method,cash received equals sales minus the dues assessed through the card handling company.
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