Accountancy, asked by Anonymous, 4 months ago

What is payment??
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Answers

Answered by ItsMultipleThanker
6

Answer:

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A payment is the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them, or to fulfill a legal obligation. The party making a payment is commonly called the payer, while the payee is the party receiving the payment

Answered by Talentedgirl1
10

Answer:

A payment is the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them, or to fulfill a legal obligation.


Anonymous: Thank u! I needed one line answer only!
Talentedgirl1: No thx:) Happy to help u:)
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