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CBSE Notes 2011-2012

Salim, the shoe manufacturer, to meet expenses obtains loans from two sources. (i) Asks leather sup...

Multiple choice question

Salim, the shoe manufacturer, to meet expenses obtains loans from two sources.
(i) Asks leather supplier to supply leather on credit (ii)Bank
(iii) Obtains loan in cash as advance payment
(iv) Relatives

unknown

(i) and (iii)

unknown

(i) and (ii)

unknown

(iii) and (iv)

unknown

(ii) and (iii)