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Retirement Of Partner

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

AccountancyWhen interest is credited to a partner’s loan account, which of the following accounts is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat will be the annual interest on ₹1,44,000 in the retiring partner’s loan account at 12.5%?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the loan account of a retiring or deceased partner is settled through the bank, which entry is made in the Bank Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA partner’s loan account carries interest at 4.25% per annum on ₹4,00,000. What will be the interest for one year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyIn which situation will interest not be added to the retiring partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat will be the interest for one year on ₹1,32,000 in a partner’s loan account at an annual rate of 5.5%?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA partner’s loan account has a balance of ₹1,10,000. If ₹30,000 is paid from this amount, what will be the new balance?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter retirement, who benefits from the interest credited on a retiring partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat amount of interest is payable on a partner’s loan of ₹2,25,000 at 8% per annum for 9 months?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat is the primary purpose of creating a partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat will be the annual interest on ₹96,000 in a retiring partner’s loan account at 7.5%?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyFor the business, interest payable on a partner’s loan account is treated as what type of expenditure?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA retiring partner is entitled to ₹2,40,000. If 25% of this amount is paid immediately, what amount will be transferred to the partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe opening balance of a retiring partner’s loan account is ₹1,00,000. If 6% annual interest is added on the entire opening balance and ₹20,000 is paid during the year, what will be the closing balance of the loan account at the end of the year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat will be the interest for one year on a partner’s loan account of ₹75,000 at 12% per annum?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter interest is added to a partner’s loan account, its balance becomes ₹1,32,500. What is the accounting implication?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen is a partner's loan account closed?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter reconstitution, a Partner’s Loan Account carries a balance of ₹60,000 on which interest is payable at 15% per annum. What will be the interest for one year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter retirement, the amount due to the retiring partner is transferred to the partner’s loan account. Who ultimately bears the interest payable on this loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the principal recorded in a retired or deceased partner’s loan account is paid in installments, what effect will each installment have on the firm’s books?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert

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