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Loan Account

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyIf the loan payable to a partner is ₹20,000, in which account will it be shown?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyA deceased partner’s total claim is ₹190000. If ₹40000 has been paid to the partner’s executor, what balance will remain in the deceased partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyThe amount due to a deceased partner but not paid immediately is transferred to which account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasyAccountancyIf the amount due to a deceased partner is paid immediately, which of the following accounts does not need to be opened?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf the amount due to a deceased partner is not paid immediately, why is a loan account opened in the partner’s name?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf the amount due to a deceased partner is not paid immediately, what is created in the partner’s name?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasyAccountancyIf the amount due to the legal heir of a deceased partner is not paid immediately, to which account is it transferred?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the amount due to a retiring partner is transferred from the capital account to the partner’s loan account, which account is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhich is the most accurate analytical statement about a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyWhich sequence most correctly gives the amount in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyIf interest payment appears in bank but interest due entry is missing in loan account, what is the deficiency?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyIf the liability of a retiring partner's loan account is understated, what is the direct effect on the balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyA ₹90000 loan is paid in four equal quarterly instalments. Ignoring interest, what will be the treatment of each instalment in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyA retiring partner's loan account had a credit balance of ₹72000, but ₹90000 was paid through bank. There was no interest. What does this indicate?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyInterest due on loan is recorded, but payment is not yet made. Which double effect is correct?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyWhat is the strongest reason for treating a retiring partner's loan account as a liability account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyThe retiring partner's final capital account has a credit balance of ₹185000. ₹75000 was paid through bank immediately and furniture of ₹25000 was given in settlement. How much will be transferred to the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyA partner’s Loan Account had an opening credit balance of ₹4,20,000. During the year, ₹1,50,000 was paid. Interest of ₹10,800 is due for 6 months at 8% per annum on the balance remaining after payment. What will be the closing balance of the Loan Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhich is the most accurate analytical conclusion related to a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyWhich option shows the correct sequence for a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard

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