Ask a New Question

Asked by Tricia

what accounts would be impacted by a $30,000 cash payment to a $125,000 loan (assuming there is no interest on the loan)?
17 years ago

Answers

Answered by Anonymous
Loan account would be credited and cash
account debited
17 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

How was the West impacted by imperialism? How has terrorism impacted the police mission in the U.S.? What disagreements exist regarding the ap... How have the events impacted the characters? The professor is very adamant that they keep explori... How was African art impacted by Indian Ocean trade with Asia?(1 point) Responses Islamic drawing... What region is MOST impacted by desertification? A. Kalahari B. Gobi C. Rainforests D. Sahel Who was most impacted by collectivism in the Soviet Union?(1 point) Responses Intellectuals and... Who was most impacted by collectivism and the Soviet union Intellectual and artist Farmers... What can be impacted by immigration policies?(1 point) Responses multinational corporations’ oversea... How was African art impacted by Indian Ocean trade with Asia?(1 point) Responses Hindu gods and... Accounts payable=5967 Accounts receivable=8965 Accruals=6167 Additional paid in capital=13277 Ca...
Submit Your Answer

Question

what accounts would be impacted by a $30,000 cash payment to a $125,000 loan (assuming there is no interest on the loan)?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use