Advertisement
Advertisement
Advertisement
Fill in the Blanks
Complete the sentence.
When goods are delivered by supplier to customer on basis of deferred payment it is called as ______
Advertisement
Solution
When goods are delivered by supplier to customer on basis of deferred payment it is called as Trade Credit.
Concept: Sources of Borrowed Capital - Trade Credit
Is there an error in this question or solution?
Chapter 2: Sources of Corporate Finance - Exercises [Page 36]