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What is the effect on balance sheet if retiring partner's loan liability is understated?निवृत्त साझेदार के ऋण खाते की देयता कम दिखाने से बैलेंस शीट पर क्या असर होगा?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Total liabilities will be understatedकुल दायित्व कम दिखेंगे
Loan is a liability, so lower loan balance understates total liabilities. Exam tip: omitted interest can cause this error.ऋण दायित्व है इसलिए उसका कम शेष कुल दायित्व कम दिखाता है। परीक्षा में ब्याज छूटने से यह गलती हो सकती है।
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