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Accepting bank credit cards represents one way to decrease: î© the expense of collecting accounts payable. î© the expense of collecting accounts receivable. î© capital expenditures. î© equity financing.

Karen Wright

in Business

1 answer

1 answer

Kyle Mckinney on August 2, 2018

The acceptance of credit cards bank represents a way to decrease THE EXPENSE OF collection of ACCOUNTS RECEIVABLE.When a customer pays with a credit card, the seller is sure that the amount deducted shall be paid by the bank, regardless of whether the customer pays the bank the amount in full or in part.

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