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Question
Is debt an asset?
Is debt an asset?
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Solution
Debt is regarded as a liability that a business accumulates during the course of running its operations.
Also read:
- What Are Current Assets
- What Are Non Current Assets
- What Is a Fixed Asset
- Marshalling of Assets and Liabilities
Learn about more questions and answers on business studies and various other commerce topics from our website.
Debt is regarded as a liability that a business accumulates during the course of running its operations.
Also read:
- What Are Current Assets
- What Are Non Current Assets
- What Is a Fixed Asset
- Marshalling of Assets and Liabilities
Learn about more questions and answers on business studies and various other commerce topics from our website.
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