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Letters of Inquiry regarding Financial Status and Collection Letters — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCLetters of Inquiry regarding Financial Status and Collection Letters1 Mark
Question
What would be the consequences if the payment is not made within time?
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Answer

If payment is not received on time, in business, it will cieate shortage of working capital in the business.

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