Capital Market Securities

This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.

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September 7, 2016 at 9:17 am #338506
acca9
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“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
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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
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Thank you!
September 7, 2016 at 11:03 am #338550
John Moffat
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You are welcome 🙂
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