Question

The credit that you receive from your suppliers are called​

Answer 1

Answer ✅

: Trade credit is the credit extended to you by suppliers who let you buy now and pay later.

Explanation ✅

: Any time you take delivery of materials, equipment or other valuables without paying cash on the spot, you're using trade credit.

Answer 2

Answer:

Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Any time you take delivery of materials, equipment or other valuables without paying cash on the spot, you're using trade credit.