You are running garment export business and you areconsidering an increasing trend of garments export in upcoming years. Your clients want to purchase your products on credit; being a new entrant in the business, you are reluctant to sale on credit. Keeping the class discussions in your mind, what steps you will follow to discourage sales on credit.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter27: Adjustments, Financial Statements, And Year-end Accounting For A Manufacturing business
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You are running garment export business and you areconsidering an increasing trend of garments export in upcoming years. Your clients want to purchase your products on credit; being a new entrant in the business, you are reluctant to sale on credit. Keeping the class discussions in your mind, what steps you will follow to discourage sales on credit.
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