Accounting for Sales and Cash Receipts.docx - Marcela Merck Unit 7 Section 2 Assignment Accounting for Sales and Cash Receipts(27 Points Part 1(9 points

Accounting for Sales and Cash Receipts.docx - Marcela Merck...

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Marcela Merck Unit 7 Section 2 Assignment: Accounting for Sales and Cash Receipts (27 Points) Part 1 (9 points)Answer the following questions: 1.What is a cash receipt? How do businesses record the receipt of cash? 2.Explain how a purchase made with a store credit card is different from a purchase made with a bank credit card. 3.How are a bank credit card and a bank debit card similar? How are they different?
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  • Fall '15
  • Lewis
  • Geometry, Balance Sheet, Payment, Generally Accepted Accounting Principles, invoice

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