Education loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2018 Where does educational loan posted in personal/ individual balance sheet, in Assets side or Liability side.
If it goes in assets side then what would be effect in assets side.

13 February 2018 Education Loan will be on Liability Side.
Loan can never be on Asset Side.(unless it shows debit balance)



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