Business Studies, asked by garnab3342, 8 months ago

Bank loan comes under which final account

Answers

Answered by adamyarawat299
2

Answer:

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Explanation:

In Profit & Loss Account: The interest charged bt the loan providing authority is written. In Balance Sheet: Bank loan has two positions, one is the current portion of the bank loan that is to be paid to the bank in the next year it comes under the head Current Liabilities.

Answered by msubashdeepan
0

Answer:

current liabilities

Explanation:

accountant

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