What is amortization in loan capital - SS2 Accounting Loan Capital: Terminologies Used Question
What is amortization in loan capital?
A
The process of spreading out the repayment of a loan over a set period of time
B
The date on which the borrower must repay the entire loan balance
C
The process of taking out a new loan to pay off an existing loan
correct option: a
Please share this, thanks:
Add your answer
No responses