Question on: SS2 Accounting - Loan Capital: Terminologies Used
What is the principal in loan capital?
View related lesson
A
The percentage of the principal that the lender charges the borrower as a fee
B
The original amount of money that a company borrows
Â
C
The length of time over which the loan must be repaid
Ask EduPadi AI for a detailed answer
Correct Option: B
Add your answer
Please share this, thanks!
No responses