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On which side is the initial transfer recorded in retiring partner loan account?अवकाशग्रहण साझेदार ऋण खाते में प्रारंभिक स्थानांतरण किस पक्ष में लिखा जाता है?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Credit sideजमा पक्ष
The amount due transferred from capital creates the loan account. Therefore it appears on the credit side of the loan account.पूंजी खाते से स्थानांतरित देय राशि ऋण खाते को बनाती है। इसलिए यह ऋण खाते के जमा पक्ष में आती है।
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