What is a limited purpose credit card?
a) a credit card that requires a security deposi...
What is a limited purpose credit card?
a) a credit card that requires a security deposit to secure the credit limit.
b) a credit card that can only be used to make purchases at the company issuing the card.
c) a credit card that requires a cash deposit that must be replenished as the card is used.
d) a credit card offer for a pre-determined credit limit.
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On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
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