App Logo

No.1 PSC Learning App

1M+ Downloads
A payment according to the aparent tenure of the instrument is called :

AStatutory payment

BPayment in due course

CNegotiated payment

DCompulsory payment

Answer:

B. Payment in due course


Related Questions:

Which Accounting Standard deals with revenue recognition?
Assets for prolonged use are __________
Valuation of closing stock is based on the concept.
The entry for canceling wrongly allowed to a customer is first entered in the ?
Which of the following accounts always shows a debit balance?