0
What service charges should be classified when a retailer regularly sells its receivables to a factor?
Wiki User
∙ 9y ago
Selling expense is what the charges should be classified when a retailer regularly sells its receivables to a factor.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
What is meant by sundry charges?
Miscellaneous small or infrequent costs that are not assigned to individual ledger accounts but are classified as a group.
Does a business have to pay for each purchase for using a credit card machine?
The credit card company pays the retailer a fee every time someone uses the machine to pay for purchases. The card company charges the customer a fee for paying by card (usually in the monthly interest charged).
What is the definition of direct write off?
Direct write off means, to expensed out those accounts receivables to profit and loss account which becomes bad debts and seem unrecovrable from debtors. Other way to write off bad debts is through "Allowance for uncollectable" method which is indirect method to write off bad debts.
What is revenue leakage in a concurrent audit?
IF BANK NOT COVER CHARGES TO ITS CUSTOMERS THAN WE SAID THAT ITS A REVENUE LEAKAGE. CHARGES MEANS-INTERESTS,INSPECTION CHARGES, PROCESSING CHARGES, LOCKER RENT CHARGES etc.
Restructuring charges be classified as an operating expense or as a nonoperating expense?
Should restructuring charges be classified as an operating expense or as a nonoperating expense?
Where can one purchase a Simmons Beautyrest World Class mattress?
This brand of mattress can be purchased from an online retailer such as 'SleepSolutions' or from a high-street retailer such as Debenhams. Discounts may be found online but one has to consider delivery charges.
How much does a pastry cost?
it depends how much the retailer charges you usually about 1 - 3 pound
What is global charges?
A global charges is not a term regularly used to there is no specific definition. If you meant to type global changes, that means something that is of planetary scale change in the Earth system.
What is term posting charges?
Posting charges refers to the process of adding charges or fees to an account. This can include things like late fees, interest charges, or other expenses associated with a particular transaction. It is important for individuals to review their statements regularly to ensure accuracy and understand the charges being applied.
What is the cost of shipping for this item?
Shipping charges will depend on the retailer you purchase from. As an example, Buy.com's website currently shows a shipping charge of $350.49.
What are standing charges?
Standing charges are fixed fees that customers pay for utility services, such as electricity or gas, regardless of how much of the service they actually use. These charges cover the provider's fixed costs, such as maintenance and customer service, and are billed regularly regardless of consumption.
What is meant by sundry charges?
Miscellaneous small or infrequent costs that are not assigned to individual ledger accounts but are classified as a group.
Where can I get the best deal on diapers through using diaper coupons?
Any retailer should accept coupons if you are using coupons that are directly from the diaper manufacturing company. It all depends on who charges the least. In general this would be a large retailer like Wal-Mart or Target.
Is sent by the bank regularly listing checks and deposits processed by the bank as well as charges and credits to an account?
That would be a Bank Statement
What is the diffeference between the retailers cost and the selling cost?
The retailers cost is what they paid the manufacturer for an item. The selling cost is what the retailer charges the buying public for the same item.
Should restructuring charges be classified as an operating expense or as a non operating expense?
Non-operating I believe, because they are non-recurring
