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Outline the difference between cash and credit transactions

      

Outline the difference between cash and credit transactions

  

Answers


Davis
- In a cash transaction both money and goods exchange hands between the buyer and seller immediately while in a credit transaction, the transfer of goods come first and payment later.
- Cash transaction requires a cash sale receipt and a credit transaction required an invoice
Githiari answered the question on September 23, 2017 at 09:46


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