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What Are Loans? |
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Answer» Loans which comes under LONG term liabilities. It MAY consist of long term loan borrowed from banks or financial INSTITUTIONS and are paid off over a longer span of TIME say 5-10 years. Loans which comes under long term liabilities. It may consist of long term loan borrowed from banks or financial institutions and are paid off over a longer span of time say 5-10 years. |
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