Which explains the effect of a business loan on the Accounting Equation? 0 0 0 0 Loans

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Which explains the effect of a business loan on the Accounting Equation? 0 0 0 0 Loans are included in Liabilities A loan is listed on the Income Statement Loans are a complex component included in the Assets of a company Loans + Assets = Owner's Equity

Posted Date: May 18, 2024 05:13 PM

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Which explains the effect of a business loan on the Accounting Equation? 0 0 0 0 Loans

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