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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।

AccountancyWhat will be the effect on Profit and Loss Account when interest is added to the retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyIn which situation will the retiring partner's capital account be debited while the retiring partner's loan account is credited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyWhat does zero balance of retiring partner loan account show?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyThe opening credit balance in a partner’s loan account is ₹3,00,000. If ₹1,20,000 is paid towards the principal, what will be the remaining principal loan?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyThe retiring partner's loan account has a balance of ₹2,20,000. If an installment of ₹90,000 is paid and there is no interest, what amount will remain in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhich result is correct after final payment in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat is the purpose of a retiring partner's loan account to clearly show?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhich mistake should be avoided while finding the balance of a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyIf ₹88000 is due to the retiring partner in the capital account and no immediate payment is made, for what amount will the loan account be created?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat does cash payment made to a retiring partner do in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhy is interest credited in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhich sequence is correct while preparing a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhy is interest charged up to the date of payment in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyIn which situation will interest not be added to the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat amount is obtained by adding the unpaid amount and interest in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat does a debit balance in a retiring partner's loan account generally indicate?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyFor whom does a retiring partner's loan account give the final settlement record?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhy are normal sales not recorded in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhy is the date of adding interest in the loan account important?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhich account is finally prepared before recording the unpaid amount in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasy

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