Ask a New Question

What is the purpose of establishing a line of credit for an account? What are the beneﬁts of this arrangement?

1 answer

Read carefully:

https://www.investopedia.com/articles/personal-finance/072913/basics-lines-credit.asp

https://www.investopedia.com/terms/l/lineofcredit.asp

Ask a New Question or answer this question.

Similar Questions

Credit and Borrowing Unit Test8 of 208 of 20 Items Question Which of the following is not going to appear on your credit
1. 1 answer
using the following vocabulary words on your own sheet of paper write a two pargraph storyusing these word void endors balance
1. 1 answer
David has a company decorating houses for the holidays. He has secured a $25,000 line of credit from his bank. For which purpose
1. 1 answer
I just need an example• What increases the Asset account, a debit or a credit? • What decreases the Asset account, a debit
1. 0 answers

more similar questions