What is the difference between Secured Loan & Unsecured Loan?
Answers were Sorted based on User's Feedback
Answer / saiyad aejaj
Secured loan means to take a loan aginst any security or
from nationalised bank or institute and unsecured loan
means to take loan without any security or from any
finanance company
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / naveen agarwal
SECURED LOAN MEAN THE COMPANY HAS TAKEN THE LOAN FROM BANK
&FINANCIAL INSISTITUTION WHEREAS UNSECURED LOAN MEANS WHERE
THE COMPANY HAS RAISED THE FUND FROM INDIVIDUAL IN TERM OF
F.D.
| Is This Answer Correct ? | 8 Yes | 2 No |
Please tell me what is the journal entry of closing balance ?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
what is the formula for profitable index
What do you debit and credit if discount allowed is underrated?
what the three thing that can not make accounting statement balance?
what is contingent liability
what are the different methods of teaching share and debenture to pre degree students
What is LC?
Please explain about wages control account?
What is a bank account balance?
Tell me what is the general classification of accounts that usually ledger account involve?
1. purchase of tally software is treated as assent or indirect expenses , then underwhich group it comes on tally 2. outstanding expenses is under what group in tally