Is It Advisable to Engage a Sundry Creditor( a Transporter) and after the Trip, you decide to Pay him on a 30 days Credit Terms?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Is there any difference between sundry creditors and trade payable?
Posted by:
ABDUL MAJEED KUNNAM PADATH
24-June-2013

Credit Cards Home Equity Lines of Credit Letters Of Credit Letter of Credit Banking &amp Finance

Question added by Andrew Kweku Nsiah , ACCOUNTS PERSONEL , MAXMASS LTD.
Date Posted: 2019/03/25

Upvote (0) Views (1) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

If credit terms of "2/10, net 40" are offered, the approximate cost of not taking the discount and paying at the end of the credit period would be
Top Answer: [2 / (100-2)]*[355 / (40-10)] =248 or24.8% See More

Answers (9)
If MetroPulse Media receives an invoice for purchases dated 10/21/X5 subject to credit terms of "3/10, net 30 EOM,
Top Answer: My answer is Option C...........Nov-10 &Nov30, respectively............... See More

Answers (12)
ABC Co. performed services for Client Kay in December and billed Kay $4,000 with terms of net 30 days.
Top Answer: Ans: Credit Kay's account See More

Answers (2)
What would you choose? A dealer gives 1000 $ more and gives credit term for the first time or a re-seller gives 1000$ less and has a credit term already?
Top Answer: <p>Better to choose the second one</p> See More

Answers (3)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.