what is mean by credit purchase?
Answers were Sorted based on User's Feedback
credit pur is a pur which has been made by us without
paying the money at present but liable to be paid in
future. the person to whom we are liable is called creditor.
Is This Answer Correct ? | 236 Yes | 30 No |
credit purhase is a purchase No need to Pay at the time of
Purchase but liable to be paid in future. the person to
whom we are liable is called creditor
Ex: Payment through cheques also Credit purchase
Absorve in the Bills there are two optins Cash/Credit
Purchase by cash its cash purchase
Purchase by Cheque its credit Purchase
We not paying cash at time of Purchase
Is This Answer Correct ? | 127 Yes | 27 No |
Answer / bhumin
In Credit Purchase, Customer does not pay full amount at the
time of purchase. But he is liable to pay.
Is This Answer Correct ? | 54 Yes | 18 No |
Answer / mohan
credit pur is a pur which has been made by us without
paying the money at present but liable to be paid in
future. the person to whom we are liable is called creditor.
Is This Answer Correct ? | 39 Yes | 12 No |
Answer / jaishree soni
credit purchases is a purchases where a buyer don't have to give money on that time it is a type of loan in witch buyer give money after wards
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / s shetty
One parson purchase goods but not pay money. (ex: credit purchase from Ricchu RS 5000.)
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ahmad
when we sell something and the purchaser send it back thn the purchase goes credit
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / nomfundo elıc
Is a purchase that you dont need to pay ımmedıately but you pay ın the future.
Is This Answer Correct ? | 11 Yes | 26 No |
EXPAND___________JNTU
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
details about capital market and derivatives
journal entry for depreciation
what is the accounting treatemnt for issuing material to a subcontractor on recovery basis?
In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales account
What is rules of depricaition in company act.or IT act.
fill in the Blanks Fringe Benifit Tax will be levied on the ___________
EXPAND______________IBA
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
Difference Between FBT and TDS?
what is exercise duty how to calculate that and how to update in tally