Open account: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Link with Payment in advance page.) |
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== 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.