When a company makes a sale by accepting a bank-issued credit card from the customer,the sale is recorded as a cash sale.

Name: When a company makes a sale by accepting a bank-issued credit card from the customer,the sale is recorded as a cash sale.
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When a company accepts a bank-issued credit card for a sale, it is considered a cash sale because the company receives the cash payment from the credit card issuer almost immediately, minus any fees.

When a Company Makes a Sale by Accepting a Bank-Issued