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What is the correct account classification for a loan from your brother (repayable in 6 months) Select one?

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Will it hurt your chances of getting a home loan if you pay off charge offs or collection accounts within six months before applying for a home loan?

  Answer   Depends-GENERALLY-The older the debt the less it will help your credit score. When lenders look at you credit history, they look over the entire 7-10 yrs

What are the difficulties that one can face in classification of animals if common fundamental features are not taken into account?

Common fundamental features help grouping animals in certain categories or sub-categories. For the common fundamental feature of all the Arthropods is joined legs for locomoti

What is the meaning of moratorium of repayments of loan?

Basically a moratorium on loan repayments is a loan repayment holiday. You are not required to make loan repayments or pay dues/fees for non-payment for a required period. Usu

How do you treat the loan repayment in the balance sheet?

Loan repayment will reduce the amount of loan liability from  liability side of balance sheet as well as reduce the cash or bank  account as the payment is made through bank

Classification of accounts?

  Assets   Expenses   Owner's Equity

How does a person use the Car Loan Repayment Calculator?

Car loan repayment calculators gives you the info about how much do you need to pay every month and how long. They also give you the total cost of a loan. They are easy to use

If I am in voluntary repayment for student loans can my income tax refund be garnished?

Yes, if you are in a Default Status for your Federally Guaranteed student loans, then your tax refund will be withheld. It does not matter that you are voluntarily repaying.