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3 answers

Loans will apper as a liability, they may be divided by the term, eg.
Loans due on demand
Loans due after 12 months.

2007-01-01 03:27:51 · answer #1 · answered by David P 7 · 0 0

Loans will appear as Short term and Long term borrowings as liability on the Credit side.
Shares or Stock Holder's equity will appear after that as Credit also.

2007-01-01 03:55:05 · answer #2 · answered by Mathew C 5 · 0 0

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2007-01-01 12:00:51 · answer #3 · answered by Anonymous · 0 0

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