A new 5 year loan has been obtained from AB Bank.
AB Bank Loan Quiz
Test your knowledge on finance concepts with our engaging quiz on loans and liabilities. Perfect for students and professionals alike, this quiz will challenge your understanding of key financial terms.
- 4 insightful questions
- Covers loans, assets, and accounting principles
- Hands-on approach to learning financial terms
A new 5 year loan has been obtained from AB Bank.
Current liability
Owner's Equity
Non-Current Liability
The Trial Balance reflects Vehicles with a value of R500 000.
Credit Sales posted to the Sales account.
The loan instalment of R200 000 payable annually.
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