Finance
This query is : Resolved
11 October 2014
a company received 75000 cash from bank loan tat must be repaid in 3 yrs. which of the following items would be increased by this specific transaction? check all tat apply
1. total assets
2. interest expenses
3. cash from financing
4. total liability
5. interest payable
11 October 2014
Total Asset, Interest Expenses, Cash from Financing, Total Liability and Interest payable all would be increased due to taking of loan.
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