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If interest on a retiring partner's loan is due but not yet paid, what is the correct journal effect?यदि निवृत्त साझेदार के ऋण पर ब्याज देय है लेकिन अभी चुकाया नहीं गया, तो सही जर्नल प्रभाव क्या होगा?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Expense increases and liability increasesखर्च बढ़ेगा और देयता बढ़ेगी
Accrued interest is both an expense and an increase in liability. Exam tip: distinguish interest due from interest paid.देय ब्याज खर्च भी है और ऋण खाते में देयता भी बढ़ाता है। परीक्षा में देय और भुगतान किए गए ब्याज में अंतर रखें।
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