When customers pay with bank credit cards,cash sales are considered to have taken place.

Name: When customers pay with bank credit cards,cash sales are considered to have taken place.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Cash sales refer to transactions where payment is made in physical currency or cash equivalents. Since bank credit cards involve electronic payment, they do not fall under the category of cash sales. However, they are still considered a form of payment and contribute to overall sales figures.

When Customers Pay with Bank Credit Cards,cash Sales Are Considered