its advantages are
* the person need not to pay money at sport
*the person had got a credit offers in credit sales
- Encourage the Customer buy more products or services
advantages of credit policy
To find annual credit sales, you can review your sales records over the year and identify which sales were made on credit rather than cash. This information is typically found in your accounts receivable or sales ledger. Alternatively, if you have a sales report that categorizes sales by payment method, you can sum the total credit sales for the year. If you use accounting software, it may provide a report that specifically outlines annual credit sales.
With the rampant credit card theft, its disadvantages are becoming more than its advantages.
Credit
wth out doing that you have no credit score and take the oppurtunity to get a better score
- Encourage the Customer buy more products or services
Credit Sales increases the amount of sales and sales volume.
I would say that the main advantages and disadvantages of instalmet sales are that they cinsume your money and they let you pay for the things you can't afford or don't have all the money for.
advantages of credit policy
yes they do but if the cash sales and credit sales ar the same number they equal subsales
[Debit] Sales return [Credit] Cash /bank [Debit] Sales [Credit] Sales return
A credit.
the advantages of the consumers in the national credit act
Sales is a revenue account and all revenues has credit balance as default balance so sales also has credit as default balance while cash or accounts receivable will be debited against it.
Credit Agricole had 1995 sales of $32.34 billion
Even though it has high interest rates Lowes always seems to have promotions and special sales for those who have the Lowes credit card plus theres no annual fee.