In context with Banking, which among the following is a correct with regard to Merchandise Credit and Merchandise Debit?
[A] Merchandise credit relate to export of goods while merchandise debit represent import of goods
[B] Merchandise credit relate to import of goods while merchandise debit represent export of goods
[C] Merchandise credit relate to procurement of goods while merchandise debit represent sale of goods
[D] Merchandise credit relate to sale of goods while merchandise debit represent procurement of goods
Click Here to Display Answer