A customer of Triple D can also be a supplier to Triple D and then, if the creditor’s amount is more than the debtor’s amount, the balance of the debtor can be transferred to the creditor’s account. True False
A customer of Triple D can also be a supplier to Triple D and then, if the creditor’s amount is more than the debtor’s amount, the balance of the debtor can be transferred to the creditor’s account. True False
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 16QTD
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Question
A customer of Triple D can also be a supplier to Triple D and then, if the creditor’s amount is more than the debtor’s amount, the balance of the debtor can be transferred to the creditor’s account.
True
False
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