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What is the trade credit ?

Accounting Cost Accounting Financial Accounting
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Question added by Deleted user
Date Posted: 2014/09/20
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Abed Othman
by Abed Othman , Financial Administrative Assistant , United Nations International for immigration

  1. trade credit  
  2. For many businesses, trade credit is an essential tool for financing growth. Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Any time you take delivery of materials, equipment or other valuables without paying cash on the spot, you're using trade credit.

Deleted user
by Deleted user

agreed with  Professor  abed hasa abdulleh

Muhammad Javed
by Muhammad Javed , Manager Finance , EuroMoto

Trade credit is negotiated source of finance

Anayatullah Tahir
by Anayatullah Tahir , Finance Manager , Etqan Projects

Agreed with abed hasan abdulleh othman (CMA), trade credit is credit received from suppliers (A/P).

Mohamed Ezat Mahmoud Mady
by Mohamed Ezat Mahmoud Mady , Accounting and Financial Manager , Trustmed

Agreed with the answer of MR / abed hasan 

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