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Capital Market Securities

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Capital Market Securities

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 7, 2016 at 9:17 am #338506
    acca9
    Member
    • Topics: 68
    • Replies: 50
    • ☆☆

    “Capital Market Securities are assets for the seller but liabilities for the buyer”

    Why is this incorrect?

    Thanks in advance!

    September 7, 2016 at 10:48 am #338539
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    Capital market securities are things like shares. They are therefore assets for the buyer – not liabilities.

    September 7, 2016 at 10:51 am #338541
    acca9
    Member
    • Topics: 68
    • Replies: 50
    • ☆☆

    Thank you!

    September 7, 2016 at 11:03 am #338550
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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