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What is the correct entry when retiring partner loan is paid through bank?अवकाशग्रहण साझेदार ऋण की राशि बैंक से चुकाने पर सही प्रविष्टि क्या होगी?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Retiring partner loan account debit and bank account creditअवकाशग्रहण साझेदार ऋण खाता नामे और बैंक खाता जमा
Payment reduces the loan liability of the firm and also reduces bank. Therefore loan account is debited and bank account is credited.भुगतान से फर्म की ऋण देनदारी घटती है और बैंक भी घटता है। इसलिए ऋण खाता नामे और बैंक खाता जमा होगा।
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