Accountancy, asked by ujjwalbaliyan030, 8 months ago

what is merchantile system of accounting

Answers

Answered by rakeshchauhan2572

1

Answer:

A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. So a merchant account is an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.

Explanation:

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