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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।

AccountancyOn which side is interest due recorded in loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the correct difference between interest and principal payment in a loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf the agreement clearly gives the interest rate on the loan, which rate will apply?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf interest rate on loan is not given in the agreement which rate is generally assumed?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyThe executor’s loan account of a deceased partner shows a liability of ₹1,60,000. If ₹65,000 has been paid, what will be the remaining liability?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the correct entry to transfer amount from deceased partner capital account to executor loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyLoan is ₹72000 and interest rate is 10 percent per annum. What is interest for 3 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyRetiring partner loan is ₹150000. What is 6 percent per annum interest for 8 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancy₹1,80,000 is due to a retiring partner and ₹50,000 is paid immediately. How much will be transferred to the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf the full amount due to a retiring partner is paid immediately, what is the need for a loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the correct entry when retiring partner loan is paid through bank?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the correct entry to transfer amount from retiring partner capital account to loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the main purpose of opening retiring partner 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 AccountEasyAccountancyWhy is interest on a retiring partner's loan not usually transferred to Profit and Loss Appropriation 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 AccountEasyAccountancyWhere will the balance of a deceased partner's executor loan account be shown?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 AccountEasy

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