Which date is used to record a credit card transaction, Basic Statistics

Assignment Help:

Which date is used to record a credit card transaction?

When a company uses its bank greeting cards, the transaction time frame is the time frame the bank greeting cards is used, not the time frame that the bank greeting cards statement is paid.For example, if a company uses its bank greeting cards to purchase an asset on December 30, both the asset and the liability to the bank should be recorded as of December 30.When the company pays the bank (perhaps 30 days later), the company will be reducing its cash and its liability to the bank.

Expertsmind.com offers unique accounting assignment help


Related Discussions:- Which date is used to record a credit card transaction

Limitation of the accounting, Limitation of the Accounting. It informati...

Limitation of the Accounting. It information only accounting purchase, it is restricted to the accounting purchase only, and for example other elements which are not having any

Confidence Intervals, In each of the following cases, compute 95 percent, 9...

In each of the following cases, compute 95 percent, 98 percent, and 99 percent confidence intervals for the population proportion p. p=.1, n=30, p = .1, n = 100, p = .5, n = 50, p

Discrete random variable, ABC company has 2000 accounts receivable. The mea...

ABC company has 2000 accounts receivable. The mean and standard deviation are $300 and $50, respectively. Assume that the accounts are normally distributed.

Aggressive growth fund, Define Aggressive Growth Fund: A mutual fund which ...

Define Aggressive Growth Fund: A mutual fund which is primary investment intention is substantial capital gains. The return & principal value of mutual funds fluctuate with changes

Bill of exchange, Who can issue a bill of exchange for what purpose? Onl...

Who can issue a bill of exchange for what purpose? Only a supplier who has to get the cash from his client for the purchase which was done on credit score platform can increase

Kripsy kreme, How did round trip transactions violatet the revenue recognit...

How did round trip transactions violatet the revenue recognition principle?

Feature of accounting transaction, Classification feature of Accounting Tra...

Classification feature of Accounting Transaction. Under the classification accountant posts the entries into their respective ledgers in the Accounts Books. Every Account entry

Cost accounting, what is the relationship of cost accounting to financial a...

what is the relationship of cost accounting to financial and management accounting?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd