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Why is Profit and Loss Account debited in the entry for interest on a retiring partner's loan?निवृत्त साझेदार के ऋण खाते में ब्याज जोड़ने की प्रविष्टि में लाभ हानि खाते को क्यों डेबिट किया जाता है?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Because interest is an expense of the firmक्योंकि ब्याज फर्म का खर्च है
Interest on loan is an expense borne by the firm. Exam tip: remember that expenses are debited.ऋण पर ब्याज फर्म द्वारा वहन किया जाने वाला खर्च है। परीक्षा में खर्च को डेबिट करने का नियम याद रखें।
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