If the deed says loss caused by a partners fault will be borne by that partner and the loss is fifteen thousand rupees who will be debited?

Correct answer: Account of the partner at fault

Normally, a business loss is borne by the firm and is ultimately shared by all partners according to the agreed profit-and-loss ratio. However, partners may include a special condition in the deed for a loss caused by the fault or negligence of one particular partner. Such a clause makes that partner responsible for the stated loss instead of passing it to the other partners. The accounting entry must therefore reflect the person from whom the amount is recoverable.

Here the loss is ₹15,000 and the deed specifically says that the partner at fault will bear it. The correct choice is A: debit the account of the partner at fault. Debiting that partner records the amount due from or charged to that person. It would be inappropriate to debit all partners equally because the special clause overrides ordinary sharing for this particular loss. Goodwill, bank, and stock accounts do not represent the responsible partner’s obligation.