Business Studies, asked by megha57, 1 year ago

what is trade credit

Answers

Answered by jerri
0
Trade credit is given by supplier to the buyer. It allows a buyer to purchase goods and pay later. Anytime when you make a purchase on without immediate payment, that's trade credit.

hope this help
Answered by adithyakrishnan6137
0

Answer:

Trade Credit is the credit extended by one trader to another in order to facilitate the purchase of goods and services.

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