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Define trade credit.

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प्रश्न

Define trade credit.

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उत्तर

Trade credit is the credit extended by one business firm to another as incidental to sale or purchase of goods and services.

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अध्याय 18: Sources of Business Finance - EXERCISES [पृष्ठ २६९]

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सी. बी. गुप्ता Business Studies [English] Class 12 ISC
अध्याय 18 Sources of Business Finance
EXERCISES | Q II. 6. | पृष्ठ २६९
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