What is the difference between a cash transaction and a credit transac

1.	What is the difference between a cash transaction and a credit transaction?
Answer» HEY FRIEND, The answer to your question is FOLLOWING; Cash Transaction: A cash transaction is the ONE in which the payment is carried out in terms of cash and is settled at the time in question. Credit Transaction: A credit transaction refers to a SITUATION in which the product is sold/purchased but the payment is pending for a later date in the future. This mostly happens in credit cards where the payment is temporarily made and is listed in your statements. This payment is to be re-paid later in time. I hope the answer is helpful. Thanks

What is the difference between a cash transaction and a credit transaction?

Answer»

The answer to your question is FOLLOWING;

Cash Transaction: A cash transaction is the ONE in which the payment is carried out in terms of cash and is settled at the time in question.

Credit Transaction: A credit transaction refers to a SITUATION in which the product is sold/purchased but the payment is pending for a later date in the future. This mostly happens in credit cards where the payment is temporarily made and is listed in your statements. This payment is to be re-paid later in time.

I hope the answer is helpful.

Thanks

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