Business Studies, asked by rajesh231inr, 9 months ago

GOODS PURCHASED ON CREDIT ______ IN THE FLOW OF FUNDS​

Answers

Answered by manickamsunrise
0

Answer: i think this man who buy any goods is credited money from ATM.

Explanation: the amount he credited was funds collected from him. the flow of funds means " he got too many cash as funds "

Answered by tutorconsortium012
0

Answer:

GOODS PURCHASED ON CREDIT _will not result _ IN THE FLOW OF FUNDS​

Explanation:

The financial accounts that track the net inflows and outflows of money to and from various sectors of the national economy are known as the flow of funds accounts.

When an organisation/consumer buys products on credit from a seller/ supplier, they promise to pay the consideration (worth or price) of the commodities at a later time - Good purchased on credit

Cash deposits and withdrawals are cash management activities, not cash flow activities.

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