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It will be difficult to operate a successful business without accepting credit card sales. Discuss how Businesses should (a) Recognize Revenue and Expense on their

It will be difficult to operate a successful business without accepting credit card sales. Discuss how Businesses should (a) Recognize Revenue and Expense on their Credit Card sales (b) Record the collection of Credit Card Receivables on their books of accounts; namely - Balance Sheet, Income Statement and Statement of Cash Flows

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