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Partner S Loan Account

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

AccountancyNeeraj's loan account had a credit balance of ₹90000. After three months ₹30000 was paid and interest on the balance is six percent per annum till year end. What is the total interest?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 AccountMediumAccountancyIn a ₹90,000 loan, ₹20,000 principal is paid after 7 months. On what amount will interest be charged for the next 5 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyLoan is ₹90000 at 6 percent per annum. ₹20000 is paid after 7 months. What is interest for first 7 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyA payment of ₹36,500 includes interest of ₹6,500. What amount reduces the principal?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat happens to capital account when the amount due is transferred to loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyA retiring partner’s loan account is prepared after which stage?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyAccording to the personal account rule, when will a retiring partner’s loan account be credited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat type of account is the retiring partner’s loan account considered to be?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf due interest is not paid immediately what is its accounting treatment?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIn a ₹2,00,000 loan, ₹50,000 principal is paid after 5 months. On what amount will interest be charged for the next 7 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyLoan is ₹200000. ₹50000 is paid after 5 months. What is interest for first 5 months at 6 percent per annum?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 AccountMediumAccountancyWhat is 6 percent per annum interest for 4 months on executor loan of ₹125000?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf the executor of deceased partner is paid in installments which account will be used?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the main effect of adding interest in a loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the effect on the firm when payment is made against a retiring or deceased partner’s loan account?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 AccountMediumAccountancyA balance of ₹1,40,000 is due in a partner’s loan account. After adding 5% interest, ₹50,000 is paid. What will be the final balance in the loan account after the payment?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium

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