Determine whether the following situation is an example of business loans or consumer loans b. Cruz decided to take her family for a vacation.to cover the expenses she decided to apply for a loan. Business Loans O Consumer Loans

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation
Section1.1: Accounting In Action
Problem 1OYO
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Determine whether the following situation is an example of business loans or consumer loans
b. Cruz decided to take her family for a vacation.to cover the expenses she decided to apply for a
loan.
O Business Loans
O Consumer Loans
Transcribed Image Text:Determine whether the following situation is an example of business loans or consumer loans b. Cruz decided to take her family for a vacation.to cover the expenses she decided to apply for a loan. O Business Loans O Consumer Loans
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