Accountancy, asked by redr21429, 10 months ago

Mortgage loan is a fixed asset.is it true or false.

Answers

Answered by anudeepkuppa32

it depends on the period of loan if the loan is for more than one accounting year then only it is a fixed asset

hope this helps you out

mark as brainly pls

Answered by caarividhya

Answer:

True if loan more than 1 year.

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