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Mehki got a loan to start his small tax accounting business. Is the amount still due on the loan an asset or liability

Mehki got a loan to start his small tax accounting business. Is the amount still due on the loan an asset or liability
asked 140k views
3 votes
Mehki got a loan to start his small tax accounting business. Is the amount still due on the loan an asset or liability

asked
User Jeehut
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8.3k points

1 Answer

5 votes
the loan is still a asset 
answered
User Gdelfino
by
8.2k points
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