Business Studies, asked by gayatrinaruka2004, 6 months ago

what is trade credit???

Answers

Answered by shivuboy

11

Answer:

don't know sorry

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Answered by skhan78692

0

Answer:

Trade credit is the loan extended by one trader to another when the goods and services are bought on credit. Trade credit facilitates the purchase of supplies without immediate payment. Trade credit is commonly used by business organisations as a source of short-term financing.

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