what do you mean by deferred …
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Posted by Aiswarya C V 5 years, 4 months ago
- 3 answers
Kartik_ Mishra_M 5 years, 4 months ago
Yogita Ingle 5 years, 4 months ago
Standard deffered payment means the payment which is to be made sometime in future. At the time of barter system it is very difficult to purchase goods and return the same and exact quality of goods and at that time there is also a problem of calculating interest on that goods But nowadays landing and borrowing can be easily made and interest also calculated on money. So money solved the problem of deffered payment and solved related problems of barter system .
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Sakshi Yadav 5 years, 4 months ago
1Thank You