Accountancy, asked by sa7877340, 5 months ago

interest on loan to suresh final accounts?

Answers

Answered by rajeeb45

0

Answer:

say clearly the question

Answered by sujanaspurthi

1

Answer:

Interest on loan, Investment & Depreciation Borrowings from banks, financial institutions and outsiders for business are called loans. Amount payable towards interest on loan is an expense for the business. ... ii) on the liability side of the Balance sheet by way of addition to the particular loan account.

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