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A company which sells merchandise or services can receive cash from customers O A. over the counter O B. by electronic funds transfer C. through the mail O D. in any of the above forms Click to select your answer
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Answer #1

The Company which sell merchandise or services can receive cash from the customers in the following ways:

a) If he make cash sales over the counter then in cash at the time of sale.

b) If he makes credit sales then through electronic fund transfer, through cheque or through the mail.

So option (D) is the correct i.e. in any of the above forms.

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