Q. 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