Question

Mohan started business on his own. He has his father helping him with the accounts and his brother helps him with looking after customers in the evening. Mohan pays salary to them. Identify the form of business

Answer 1

Unbilled outstanding is the amount you have purchased before the credit card bill generation date. For instance, your bill generation date is 20th ofevery month and you have maximumof 45 days of interest free repayment period. You will be paying your bills on or before due date of 4th of every month.