Answer-----------TRUE
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By accepting credit cards companies do attract more customers. Mostly because more of the customers are willing to pay using credit and debit cards.
The cost of accepting debit cards and credit cards are paid by the companies but still the increase in revenue is much higher than increase in cost of accepting cards.
by accepting credit and debit cards companies are able to attract more chstomer 130 By accepting...
Which of the statements of the rules of debit and credit is true? O A. Increase Accounts Payable with a credit and the normal balance is a credit OB. Decrease Accounts Receivable with a credit and the normal balance is a credit. OC. Decrease Cash with a debit and the normal balance is a debit. OD. Increase Revenue with a debit and the normal balance is a debit. Click to select your answer. Tyne here to search Which type of...
If you debit Prepaid Insurance, you most likely will: O A. credit Cash. O B. credit Insurance Expense. O C. credit Capital. O D. credit Fees Earned. Sue's Book Review billed customers $550. The journal entry to record this transaction is: O A. Editing Fees, debit $550; Riley, Capital, credit $550 O B. Cash, debit $550; Riley, Accounts Receivable, credit $550 O C. Accounts Payable, debit $550; Editing Fees, credit $550 OD. Accounts Receivable, debit $550; Editing Fees, credit $550...
For a person to have a comparative advantage in producing a product, he must be able to produce that product at a higher opportunity cost than his competitors. O True ○ False Click to select your answer. 132019 0 Type here to search End 8
All shareholders' equity accounts typically have a credit balance except for dividends which are a debit True O False Click to select your answer.
When consumers use online sites to compare models and brands of products and click for more technical information, companies gain information about O competitors' prices O self-reported data O product attributes that consumers consider the most important O buying patterns O market research QUESTION 2 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answer Type here to search QUESTION 2 stage focuses on how consumers make decisions. In the consumer...
Review the videg to help you answer the following question Assignments When accepting a special order from a customet, companies run the risk of losing long term sales from existing customers Do Homework O True Take a Quiz/Test O Fabe C to select your answe Save fo Y T m ment o en 700am p Type here to search O DELL F2 FO FRI P Prisc E11 F12 Insect Dete & Num 1 2 Backapace 3 4 5 6 8...
A purchase of a vehicle on credit would have what effect on the accounting equation? O A. Total Owner's Equity is overstated. O B. Total Liabilities are overstated O C. Total Assets and total Liabilities increase O D. Both A and B are correct. Click to select your answer. 1T ype here to search Items owned by the business such as land, supplies, and equipment are: O A. Assets. O B. Expenses O C. Liabilities. O D. Owner's Equity Click...
Restaurants do a large volume of business by credit and debit cards. Suppose Chocolate Passion restaurant had these transactions on January 28, 2018: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Suppose Chocolate Passion's processor charges a 3% fee and deposits sales net of the fee. Journalize these sale transactions for the restaurant. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the credit sales net of...
the useful life of a plant asset is the length of the ser 32 of 49 (26 complete) The useful life of a plant asset is the length of the service period expected from the asset O True O False Click to select your answer E e Type here to search
accounts receivables are also called trade receivables. This Question: 2 pts 1 of 49 (0 Accounts receivable are also called trade receivables. O O True False Click to select your answer. O Type here to search o e é boWERTY CH