A cash discount is best described as a reduction in the sum to be paid
A: If payment is made within a previously agreed period
B: If payment is made by cash, not cheque
C: If payment is made either by cash or cheque
D: If purchases are made for cash, not on credit
A: If payment is made within a previously agreed period
B: If payment is made by cash, not cheque
C: If payment is made either by cash or cheque
D: If purchases are made for cash, not on credit
举一反三
- We give 5% discount for ________________. A: cash settlement B: cash payment C: cash D: D/A payment
- Which of the following payment terms are usually accepted for duty-free sale on board? A: traveler’s check B: cash C: cheque D: credit card
- cash payment ______
- January 28. Wizsolution made a partial payment of $500 cash on the supplies and office equipment purchased in transaction of January 15.The correct journal entry is: A: Dr. Miscellaneous expense 500 Cr. Cash 500 B: Dr. Notes payable 500 Cr. Cash 500 C: Dr. Accounts payable 500 Cr. Cash 500
- "We allow you a 2% discount for cash payment " is better written than "You earn a 2% discount when you pay in cash".