Payment to Unsecured loan

Others 735 views 2 replies
hi I want to know whether a person (Prop.) can give an asset as payment to Unsecured loan ? If yes then whether valuation of asser is necessary or book value is treated as value of asset?
Replies (2)

no payment to unsecured loans should be through ac. payee cheque only

 

 

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https://www.howtochooseit.com/loan.htm

 

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