Embed Size (px)
Citation preview
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 1/8
P R O F . J U N N E L L E . G U I A
Classes and Kinds of Credit
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 2/8
Mercantile Credit
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 3/8
R etail Credit
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 4/8
Bank Credit
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 5/8
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 6/8
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 7/8
8/6/2019 Credit and Collection 2
http://slidepdf.com/reader/full/credit-and-collection-2 8/8
Investment Credit
It consists of advances that have been made to a business enterprise
to enable it to purchase orconstruct the necessary plant and
equipment.
Long-term obligations in the form of promise to pay at a future time inexchange for the money which is
borrowed.
Maturity is determined by the life of the assets.
