Pakhama Enterprises wants to extent its credit terms in order to increase the sales to grow the business. A consultant has, however, warned them that this can lead to overtrading. Do some research on overtrading and prepare and e‐mail to management in which you explain what overtrading is as well as what the dangers of overtrading are. Remember to reference your answer and add your reference list to the bottom of this question

Pakhama Enterprises wants to extent its credit terms in order to increase the sales to grow the business. A consultant has, however, warned them that this can lead to overtrading. Do some research on overtrading and prepare and e‐mail to management in which you explain what overtrading is as well as what the dangers of overtrading are. Remember to reference your answer and add your reference list to the bottom of this question

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter3: The General Journal And The General Ledger

Section: Chapter Questions

Problem 2A: What Would You Say? You are the new bookkeeper for a small business. The bookkeeper whose job you...

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