Sales to customers who use bank credit cards, such as MasterCard and Visa, are generally treated as

Name: Sales to customers who use bank credit cards, such as MasterCard and Visa, are generally treated as
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sales to customers who use bank credit cards are considered cash sales because the payment is received immediately at the time of the transaction, even though the actual cash may be received by the business at a later time when the credit card company remits the funds.

Sales to Customers Who Use Bank Credit Cards, Such as MasterCard