What procedure does a business use to collect amounts owed to it for sales on credit cards

Question:

What procedure does a business use to collect amounts owed to it for sales on credit cards issued by credit card companies?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Accounting A Contemporary Approach

ISBN: 978-0073396958

2nd edition

Authors: David Haddock, John Price, Michael Farina

Question Posted: