marix180 marix180

11-04-2021
Business

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explain how trade creditors can be a source of finance to a business
please help !!!

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tysonsanford6 tysonsanford6

11-04-2021

Answer:

Trade credit is the credit extended by the trader to another to purchase goods and services. It facilitates the purchase of supplies without immediate payment. In books of accounts they are shown as “creditors’ or ‘ills payable’.

Explanation:

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