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Paying back a loan reduces assets & liabilities. True or False?​

Paying back a loan reduces assets & liabilities. True or False?​
asked 61.7k views
21 votes
Paying back a loan reduces assets & liabilities. True or False?​

asked
User Meaghann
by
8.1k points

2 Answers

4 votes
True jejejwnwnwnejen
answered
User Ankit Singhal
by
8.3k points
11 votes

Answer:

True

I think

I'm not sure sorry

answered
User Karl D
by
8.1k points
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