What forms of payment can be used in a cash sale?

In a cash sale, the term refers to a transaction where payment is made immediately and in a format that is easily convertible to cash. The correct answer encompasses various forms of payment typically accepted in such transactions. This includes cheques, credit cards, bank transfers, and physical cash (notes).

Using a credit card in a cash sale is common practice because, although it is not cash in the literal sense, it allows for immediate payment to the seller. Similarly, cheques and bank transfers are considered acceptable forms of payment in cash sales as they provide immediate assurance of funds, even if they are not cash on hand.

Furthermore, notes refer to physical cash, which is a standard form of payment in a cash sale. Therefore, this option offers a comprehensive view of the various methods that could be utilized in cash sales, aligning with modern business practices that allow flexibility in payment options to accommodate customer preferences.