[Solved] How is the date of receipt of consideration by the supplier determined?

Q.	How is the date of receipt of consideration by the supplier determined?
A.	Date on which the receipt of payment is entered in the books of account
B.	Date on which the receipt of payment is credited in the bank account
C.	Earlier of (a) and (b)
D.	(a) and (b) whichever is later
Answer» C. Earlier of (a) and (b)

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