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Daily Archives: September 21, 2018

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What is the difference between loan and debt?

Loans and advancesBy Surendra NaikSeptember 21, 2018Leave a comment

In general terms loans and debts are synonyms for liabilities. When you look at a balance sheet of a company, at the left side of the balance-sheet (liability side) below the heads like share capital, reserves etc. you may find a head ‘loans and debts’ where the company shows the money raised by it by…

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