Answer :
Answer:
B- promise to pay for goods later.
Explanation:
Its right I just took the test
promise to pay for goods later
Credit
- Credit can also refer to a person's or a company's creditworthiness or credit history.
- A credit in accounting can either reduce assets or increase liabilities, as well as reduce expenses or boost revenue.
- To buy goods on credit means to promise to pay for goods later.
- Credits are used to record all of the money that flows out of an account.
Find out more information about credit here:
https://brainly.com/question/1995705?referrer=searchResults
