A friend of the owner lends the business 1 000 Which account is-12903
A friend of the owner lends the business 1,000. Which account is credit entry made to?
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.19.
A friend of the owner lends the business 1,000. Which account is credit entry made to?
Debit
Credit
Loan
Cash