What is chargeback and purpose of chargeback?

Answers were Sorted based on User's Feedback



What is chargeback and purpose of chargeback?..

Answer / sonali

Charge back is reversal of your credit card transaction. It
happens when the customers find frodulant transaction in
their statement.

Is This Answer Correct ?    14 Yes 5 No

What is chargeback and purpose of chargeback?..

Answer / faisal adam

chargeback is a reversal of a payment card transaction
initiated by the consumer who holds the card or the bank
that issued the card used in the purchase,that is mean
between a person and a bank will "charge back"

Is This Answer Correct ?    7 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

Expand Bank O C C

5 Answers  


What is Working Capital Management ? Give the formula for it

9 Answers   Mafoi,


Explain the features of Equity share capital?

1 Answers   MNC,


a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting

0 Answers   IBM,


Tell me if the company wants to enhance thier business and incured the cost on other building (like Buliding Material, Iron and Others) so we will put it in to the expenses or i have to put it into the Fixed asset land and buildin by passing this entry Land and Building (Dr) Bank/Cash/Detors) (Cr) Thanks

3 Answers  






what is debenture ?

2 Answers   Capital IQ, Genpact,


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

0 Answers  


let me know the difference between statement of affairs and balance sheet

6 Answers   JPMorgan Chase,


Expand----------MCT

2 Answers  


WHAT IS THE MEANING OF INDENTURE?

2 Answers   Capital IQ,


I have SB A/c and in the statement service@10.30% debted by bankers in every month,in which amount they charge@10.30% ?

2 Answers  


1)What will be the journal entry for these? a) Salary paid to Ganesh b)Sum of Rs 200 realized for sale of old furniture 2)Goods sold on credit for Rs 100

3 Answers  


Categories