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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.
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ASHWANI DHANUKA

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ASHWANI DHANUKA (Expert)
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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