credit purchases are goods that you buy on credit and and pay little by little to pay to the person you owen.
The creditor is the person who provided services, goods, or credit.
The item that allows a person to buy goods based on their promise to pay at a later date is called credit. Credit can come in various forms, such as credit cards, loans, or lines of credit, where the buyer receives the goods upfront and agrees to repay the lender within a specified timeframe. This system enables consumers to make purchases even if they do not have immediate cash available.
Credit sale is a sales transaction by which the buyer is allowed to take immediate possession of the purchased goods and pay for them at a later date.
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
credit purchases are goods that you buy on credit and and pay little by little to pay to the person you owen.
The creditor is the person who provided services, goods, or credit.
The item that allows a person to buy goods based on their promise to pay at a later date is called credit. Credit can come in various forms, such as credit cards, loans, or lines of credit, where the buyer receives the goods upfront and agrees to repay the lender within a specified timeframe. This system enables consumers to make purchases even if they do not have immediate cash available.
Merchant
syndicator
Credit sale is a sales transaction by which the buyer is allowed to take immediate possession of the purchased goods and pay for them at a later date.
a oerson that buys goods are called a consumer
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
No it is not !If a person pays for goods or services by credit card, the Credit Card Company is the only organisation allowed to retain details about the customers card.
IT IS CALLED CONSUMER!
dum
Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.