Business Studies, asked by yihu, 1 year ago

what is trade credit ?

Answers

Answered by vanshc7
3
HELLO MATE HERE IS YOUR ANSWER

Short and simple explanation about credit trade = credit trade is a credit which is extended by one trader to another when the services and goods are Brought on credit. it facilitate the purchase of supply without the immediate payment
Answered by Anonymous
4

hola dear..!!

Answer:-

Trade credit is  An agreement where a customer can purchase goods on account (without paying cash), paying the supplier at a later date.

hope it helps...!!

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