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Instruments of Credit.ppt

Instruments of Credit.ppt

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Published by Numan Rox
Instruments of Credit
Instruments of Credit

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Published by: Numan Rox on Jun 18, 2013
Copyright:Attribution Non-commercial

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06/18/2013

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Instruments of Credit
 
Learning Objectives
Why it is vital for a business to sale
on credit?
To define on what basis instrumentsare classified?
Importance of these instruments.
How to apply these instruments?
To understand the difference
between Inland and foreign bills
 
Classificationsof Instruments of CreditPay Roll CreditOpen BookAccountsDocumentaryCredit
Promissory NoteBills of Exchange
Cheques

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