Business Studies, asked by shaqeelraini58766, 1 month ago

the external liability increased by by 5000 .the effect on net assets will be?

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Answered by yajatkatoch

When the company borrows money from its bank, the company's assets increase and the company's liabilities increase. When the company repays the loan, the company's assets decrease and the company's liabilities decrease.

Answered by nelinipathirana8a

Answer:

Explanation:

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the external liability increased by by 5000 .the effect on net assets will be?​

Answers

the external liability increased by by 5000 .the effect on net assets will be?