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If payment in loan account is wrongly recorded on credit side what error will occur?यदि ऋण खाते में भुगतान गलती से जमा पक्ष में लिख दिया गया हो तो क्या त्रुटि होगी?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Liability will wrongly increaseदेनदारी गलत तरीके से बढ़ जाएगी
Payment should be on debit side of loan account because it reduces liability. Recording it on credit side will overstate liability.भुगतान ऋण खाते के नामे पक्ष में होना चाहिए क्योंकि यह देनदारी घटाता है। जमा पक्ष में लिखने से देनदारी अधिक दिखेगी।
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