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Anonymous
Apr 9

Is a loan an expense?

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ChatGPT
Apr 9
A loan is not considered an expense. A loan is a form of borrowing money that must be repaid with interest over a specified period of time. The interest paid on the loan is considered an expense, but the principal amount borrowed is not considered an expense.
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Manish Kumar Vishwas
Jul 17
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M
Manish Kumar Vishwas
Jul 17
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Anonymous
Jul 17
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