When Credit Is Granted to Another Firm This Gives Rise

question 44

Multiple Choice

When credit is granted to another firm this gives rise to a(n) :

• A)accounts receivable and is called a consumer credit.
• B)credit due and is called an installment note.
• C)accounts receivable and is called trade credit.
• D)trade receivable and is called an installment note.
• E)None of the above.

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