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Yolanda owns a custom curtain business. One of her suppliers brings her a delivery of decorator fabric on the 1st of each month, which she can pay for at anytime during that month. If she pays for the fabric by the 15th of the month, her supplier gives her a 10 percent discount off the cost. Which short-term liability does this scenario best describe

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anthougo

The short-term liability in the scenario is BEST described as E. a trade credit.

Trade credit involves the extension of the payment date for a business transaction.  The 10% discount offered by the supplier to Yolanda's curtain business within the discount period of 15 days is a financial inducement to enable Yolanda to pay on time.

Thus, within the credit period, the short-term liability that Yolanda's business bears is known as a trade credit, not an account receivable, a line of credit, a factor, or a loan.

Answer Options:

A. an account receivable

B. a line of credit

C. a factor

D. a loan

E. a trade credit

Learn more about trade credit here: https://brainly.com/question/25697850

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