Business Studies, asked by KINGutkarsh, 1 year ago

what do you mean by trade credit

Answers

Answered by NaVila11
1
Hey!!!

Ur answer goes like this :-

● ● TRADE CREDIT● ●

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Trade credit is essentially credit that one company gives to another for the purchase of goods and services.

Jewelry businesses sometimes extend credit to 180 days or longer. Trade credit is essentially credit that one company gives to another for the purchase of goods and services.

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#NaVila11
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