Accountancy, asked by nikhilpkc17, 11 months ago

What is the importance of money 0 money and credit?

Answers

Answered by pushpendra49
0

Answer:

Thus, credit is an important part of monetary circulation in the market. It is this money that generates more money for the bank, which ...

Answered by Anonymous
10

Money is important as it acts as the medium of exchange of all goods and services .

Credit is part of financial power , It helps you to get the things you need now , based on your promise to pay later .

Hope it helps

Shreya

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