Education loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 February 2018
Where does educational loan posted in personal/ individual balance sheet, in Assets side or Liability side.
If it goes in assets side then what would be effect in assets side.
If it goes in assets side then what would be effect in assets side.
13 February 2018
Education Loan will be on Liability Side.
Loan can never be on Asset Side.(unless it shows debit balance)
Loan can never be on Asset Side.(unless it shows debit balance)
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