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Name the source of finance wherein receivables on account of the sale of goods or services are sold at a discount. - Commercial Studies

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Question

Name the source of finance wherein receivables on account of the sale of goods or services are sold at a discount.

One Word/Term Answer

Solution

Factoring

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Sources of Raising Capital
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Chapter 10: Sources of Finance - EXERCISES [Page 170]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 10 Sources of Finance
EXERCISES | Q 1. | Page 170
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