Examlex
Which of the following is NOT an example of off-balance-sheet lending?
Bank Credit Cards
Financial tools issued by banks that allow users to borrow funds for purchases or cash advances, subject to repayment terms and credit limits.
Cash Sales
Transactions where goods or services are exchanged immediately for cash payment.
Normal Credit Balance
The expected balance on the credit side of an account, based on its accounting function (e.g., liabilities, revenues, and equity accounts).
Accounts Receivable
tracks money owed to a business by customers who have purchased goods or services on credit, representing a line of credit extended by the business and due within a short period.
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