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Which is the correct form of entry for interest on a retiring partner's loan account?निवृत्त साझेदार के ऋण खाते में ब्याज की प्रविष्टि का सही रूप कौन सा है?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Profit and Loss Account debit, Retiring Partner's Loan Account creditलाभ हानि खाता डेबिट, निवृत्त साझेदार ऋण खाता क्रेडिट
Interest is an expense of the firm and payable to the partner. Exam tip: keep interest entry and payment entry separate.ब्याज फर्म का खर्च और साझेदार को देय राशि है। परीक्षा में ब्याज और भुगतान की प्रविष्टि अलग रखें।
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