Funds borrowed on a life insurance policy are shown on the balance sheet as
A)
a current liability.
B)
a noncurrent liability.
C)
an offset to the value of the stock.
D)
an offset to net worth.
B
Business
A)
a current liability.
B)
a noncurrent liability.
C)
an offset to the value of the stock.
D)
an offset to net worth.
B