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

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

Posted Date: 3/31/2012 8:14:11 AM | Location : United States







Related Discussions:- Which date is used to record a credit card transaction, Assignment Help, Ask Question on Which date is used to record a credit card transaction, Get Answer, Expert's Help, Which date is used to record a credit card transaction Discussions

Write discussion on Which date is used to record a credit card transaction
Your posts are moderated
Related Questions
You should show your work to earn partial credit.  You must show ALL of your work on the pages provided.  There should be plenty of room to show your work on the page with each pro

The amount of time it takes the IRS to send a refund to taxpayers is normally distributed with a mean of 12 weeks and a standard deviation of 3 weeks. What proportion of the taxpay

AA major razor blade manufacturer advertises that its twin-blade disposable razor “gets you lots more shaves” than any single-blade disposable razor on the market. A rival company

Twenty years ago, entering male high school students of Central High could do an average of 24 pushups in 60 seconds. To see whether this remains true today, a random sample of 36

A survey was conducted among the residents of Pune City, its suburbs and the Pune Cantonment area. The following three pie diagrams show their respective preferences for living in

mathametical examples of components

A researcher is interested in the relationship between fathers' performance in high school and their children's social skills.  She obtains the high school transcripts of fathers a

Treatment of CST and VAT in Sales Book A supplier who expenses the CST for inter declares purchase by him, is responsible to first deposit the gathered CST from bought to Got Co

Discrete Standard Deviation For calculating standard deviation in discrete series any of the following methods may be applied (1) Actual mean method. (2) Assumed mean method. (

Question 1: (a) 75 percent of all people in a population are vaccinated against a par-ticular disease. During an epidemic, the probability that a vaccinated person is infected