Accountancy, asked by rajrathivansh, 9 months ago

what is trade debit and trade credit???

Answers

Answered by arunavaray

2

Answer:

Definition: An arrangement to buy goods or services on account, that is, without making immediate cash payment. For many businesses, trade credit is an essential tool for financing growth. Trade credit is the credit extended to you by suppliers who let you buy now and pay later.

Answered by mohitmohit5360

1

Explanation:

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