Open account: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Category added 9/10/13 and spacing)
imported>Doug Williamson
(Link with Payment in advance page.)
Line 4: Line 4:
== See also ==
== See also ==
* [[Credit]]
* [[Credit]]
* [[Payment in advance]]


[[Category:Trade_finance]]
[[Category:Trade_finance]]

Revision as of 11:26, 30 March 2015

Type of commercial trade credit in which the seller issues an invoice, which is formal evidence of an obligation, and records the sale as an account receivable.


See also