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what is mean by credit sales?

Answers were Sorted based on User's Feedback



what is mean by credit sales?..

Answer / sindujaramkumar

credit sales is the sales which has been made without
getting the cash at present but liable to get in future.
The person who is liable to pay for us is called the debtor.

Is This Answer Correct ?    28 Yes 6 No

what is mean by credit sales?..

Answer / k.padmaja

Credit Sales means sales must be done on credit
Basis,amount collected from that party depending on
seller's rules and conditions

Is This Answer Correct ?    17 Yes 2 No

what is mean by credit sales?..

Answer / paramesh

the credit sales simply explains as if the customer or
enduser taking goods without paying the money means he was
taking the goods and he is liable for some particular time,
before that he must pay the money... in accounting terms it
explains as sending goods to user (invoice)with dc

Is This Answer Correct ?    4 Yes 1 No

what is mean by credit sales?..

Answer / esther chidi

Credit occur when a seller grant permission to a buyer to take possession and enjoy a commodity with a promise to pay in the future

Is This Answer Correct ?    5 Yes 2 No

what is mean by credit sales?..

Answer / vinay

for the purposes of improvement of business, business man will sale the product for the customer on credit basis, credit sales means selling product or goods he can get the money after a particular time period.

Is This Answer Correct ?    3 Yes 1 No

what is mean by credit sales?..

Answer / danana

Credit sales can be the team/ department in a financial
institutions which sales credit products like bonds, loans,
cds, and other funkier credit instruments.

Is This Answer Correct ?    3 Yes 6 No

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