Accountancy, asked by jaiswalakash271, 9 months ago

the date on which liability is to br paid is called_____ date

a) reporting
b) closing
c) settlement
d) payment​

Answers

Answered by tonydhaka123
0

settlement is the correct answer

Answered by mad210202
0

Answer:

The answer of the following question is Option C.

Explanation:

The date on which liability is to br paid is called Settlement  date.

Settlement Date- It is the date when a trade is final, buyer must make the payment to the seller where the seller delivers the assets that is traded to the buyer.

The settlement date for stocks and bonds but not for assets is usually two business days after the execution date.

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