Accountancy, asked by monali12324, 10 months ago

Definition of credit transaction.​

Answers

Answered by vaishu4837
13

Answer:

Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment is made, or payment for goods, services or properties sold or leased, is to be made at future date or dates.

Hope it helps you.

Answered by sathyasagar505
3

Answer:

credit transaction are those where post pone of payment will done to a future days

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