Challenger App

No.1 PSC Learning App

1M+ Downloads
Interest Payable is a :

AAsset

BLiability

CIncome

DNone of these

Answer:

B. Liability


Related Questions:

The term depletion is related with ........... Assets.
With a view to bringing larger segment of excluded population with in the banking fold banks were advised to introduce a facility of :
The excess of receipts over payments represents :
Which of the following is required for a banker to honour a customer’s cheque?
The unwritten off portion of the deferred revenue expenditure is shown as the __________ of the balance sheet