Credit example sentences

A short-term need for example can be met through borrowing funds at low rate of interest through trade credit, commercial paper, etc.List each account and place its balance in the debit or credit column, as the case may be.Hence the Discount on Issue of Shares Account should be credited at the time of forfeitures.A trade creditor, through an analysis of financial statements, appraises not only the urgent ability of the company to meet its obligations, but also judges the probability of its continued ability to meet all its financial obligations in future.But, if the creditor accepts an asset only as part payment of his/her dues, the entry will be made for cash payment only.The balance sheet shows all the assets owned by the concern, all the obligations or liabilities payable to outsiders or creditors and claims of the owners on a particular date.The services provided by wholesalers to retailers include availability of goods marketing support grant of credit specialised knowledge risk sharing A retailer is a business enterprise that is engaged in the sale of goods and services directly to the ultimate consumers.The supplier may also prepare a note, which is called the credit note.Two columns for writing the debit and credit totals of various accounts and two columns for writing the debit and credit balances of these accounts.Enter two options by writing Debit and Credit in different rows.The documents that are needed in this connection include certified copy of invoice, bill of lading, packing list, insurance policy, certificate of origin and letter of credit.We will look at some of these needs in Chapter 3, Money and Credit.All credit purchases of goods are recorded in the purchases journal whereas cash purchases are recorded in the cash book.On the left side, all cash transactions relating to cash receipts (debits) and on the right side all transactions relating to cash payments (credits) are entered date-wise.It is important that the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.