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Identify two sources of short-term funds. - Commerce

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प्रश्न

Identify two sources of short-term funds.

अति संक्षिप्त उत्तर
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उत्तर

  1. Trade Credit: Credit extended by suppliers for the purchase of goods and services, payable after an agreed period.
  2. Bank Overdraft/Cash Credit: Facility given by banks allowing a business to withdraw more than its account balance, within a set limit.
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अध्याय 3: Sources of Financial for a Join stock Company - EXERCISES [पृष्ठ ७९]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 3 Sources of Financial for a Join stock Company
EXERCISES | Q 6. | पृष्ठ ७९
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