Questions

Mango Cup is associated with Cricket game. The MANGO CUP is a Triangular Cricket limited overs tournament between the Manglorean CatholicAssociation of Sydney (MCAS), Australian Residents Anglo Indian Association (ARAIA) and GoanOverseas Association-NSW (GOA).

Hence, the tournament is named from both (Man) from Manglorean CatholicAssociation of Sydney and (go) from GoanOverseas Association-NSW.

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.