what is credit limit ?
Answers were Sorted based on User's Feedback
Answer / bhaskar rao
credit limit given to cutomer as per customer turnover to
improve the sale of any company.(Totally depend on any
company credit policy.)
Is This Answer Correct ? | 13 Yes | 2 No |
Answer / jayalakshmi
Credit limit given to customer as per turnover during the
period of 3 months not on the total turnover . Based on his
preceding sales and payment received .
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / srikant sahu
credit limit is totally depanded on creit limit policy of company.next thing is depanded on the management to how much giving credit for a prticular.
Is This Answer Correct ? | 0 Yes | 0 No |
Fill the missing amounts on the basis of the accounting equations; Sl.no Assets liabilities Capital 1 20000 15000 ? 2 ? 15000 10000 3 10000 ? 8000
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