Business Studies, asked by pgarg964, 5 months ago

explain the term trade credit ​

Answers

Answered by AbhiThakur07
2

Explanation:

Trade credit is an agreement made between two businesses where the customer can make purchases on the account without making cash payment upfront.

The parties agree to the condition where the customer makes payments to the supplier at a later date, typically within 30, 60, or 90 days

Answered by prapti200447
2

Trade credit is an agreement made between two businesses where the customer can make purchases on the account without making cash payment upfront. The parties agree to the condition where the customer makes payments to the supplier at a later date, typically within 30, 60, or 90 days.

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. hope it help you

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