1
Question
_________ can be defined as delay of payment permitted by the creditor or supplier of raw materials, consumables etc. against the goods purchased from him.
_________ can be defined as delay of payment permitted by the creditor or supplier of raw materials, consumables etc. against the goods purchased from him.
Open in App
Solution
The correct option is C Trade credit
Trade credit is issued when goods and services are traded on credit. It is offered by one seller to the other.Trade credit can
be defined as delay of payment permitted by the creditor or supplier of
raw materials, consumables etc. against the goods purchased from him.
Trade credit is issued when goods and services are traded on credit. It is offered by one seller to the other.Trade credit can be defined as delay of payment permitted by the creditor or supplier of raw materials, consumables etc. against the goods purchased from him.
Suggest Corrections
0
Similar questions