Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.1: Short-term Debt Financing
Problem 1AYU
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Question
Loans backed by a simple promise to repay are known as _____ loans.
open-end credit
revolving credit
securedu
nsecured
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