Question

In case loan is taken to purchase good then two accounts that are affected are (a)stock and capital (b) capital and liability (c) stock and liability (d) cash

and stock

Answer 1

Answer:

I think b option is the correct answer.

Answer 2

The two accounts affected are cash and liability.

Explanation:

• When a loan is purchased, the account holder will have to pay for the interests put on the loan by the bank monthly
• The liabilities are factors that affect the account when there are debts to be paid to the bank.
• The account holder has to look into the sum of debts which are called liabilities and should pay them to the bank.
• The loan will also affect the net savings balance of a person stored in banks.

To know more:

1) What are liabilities?

https://brainly.in/question/4692196.

2) What is the meaning of liability

https://brainly.in/question/4662081