The business has a loan of 10 000 from a bank Is the loan an-12747
The business has a loan of 10,000 from a bank. Is the loan an asset or a liability?
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Final Term - Quiz No.3.
The business has a loan of 10,000 from a bank. Is the loan an asset or a liability?
Liability
Cash
Asset
Revenue
