Sail E0 Webinar
Question


Loan taken from bank will be classified as -


Options:
A .   Assets
B .   Liabilities
C .   Shareholders' funds
D .   None of these
Answer: Option B
:
B

Loan taken from bank will be classified as liabilities



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers