A. ऋण को अलग से वसूल या समायोजित किया जाता है/Loan is separately recovered or adjusted
Step 1
Concept
Loan to partner is receivable by the firm. Show the separate loan clearly or adjust it as instructed.
Step 2
Why this answer is correct
The correct answer is A. ऋण को अलग से वसूल या समायोजित किया जाता है / Loan is separately recovered or adjusted. Loan to partner is receivable by the firm. Show the separate loan clearly or adjust it as instructed.
Step 3
Exam Tip
साझेदार को दिया गया ऋण फर्म की प्राप्य राशि है। परीक्षा में separate loan को साफ अलग दिखाएं या निर्देश अनुसार समायोजित करें।
A. अंतिम निपटान पूरा हो गया/Final settlement is complete
Step 1
Concept
No balance means payable or receivable amount has been settled. In dissolution, all capital accounts should close at the end.
Step 2
Why this answer is correct
The correct answer is A. अंतिम निपटान पूरा हो गया / Final settlement is complete. No balance means payable or receivable amount has been settled. In dissolution, all capital accounts should close at the end.
Step 3
Exam Tip
कोई शेष न बचना बताता है कि देय या प्राप्य राशि निपट चुकी है। विघटन में सभी पूंजी खाते अंत में बंद होने चाहिए।
A. साझेदार से वसूल होगा/It will be recovered from partner
Step 1
Concept
The firm has to receive the loan from the partner. Therefore it is treated as recoverable from partner.
Step 2
Why this answer is correct
The correct answer is A. साझेदार से वसूल होगा / It will be recovered from partner. The firm has to receive the loan from the partner. Therefore it is treated as recoverable from partner.
Step 3
Exam Tip
फर्म को साझेदार से ऋण मिलना है। इसलिए इसे साझेदार से वसूल योग्य राशि माना जाता है।
Under fixed capital method, current account balance is transferred to capital account. This allows final settlement through one account.
Step 2
Why this answer is correct
The correct answer is A. पूंजी खाते में / In capital account. Under fixed capital method, current account balance is transferred to capital account. This allows final settlement through one account.
Step 3
Exam Tip
स्थिर पूंजी पद्धति में चालू खाते का शेष पूंजी खाते में स्थानांतरित किया जाता है। इससे एक ही खाते से अंतिम निपटान हो जाता है।
Out of nine thousand, five thousand is recovered. Therefore debit balance of four thousand rupees remains.
Step 2
Why this answer is correct
The correct answer is A. चार हजार रुपये नाम / Debit ₹4,000. Out of nine thousand, five thousand is recovered. Therefore debit balance of four thousand rupees remains.
Step 3
Exam Tip
नौ हजार में से पांच हजार वसूल हो गए। इसलिए चार हजार रुपये नाम शेष रहेगा।
A. रोकड़ खाता नामित होगा/Cash account will be debited
Step 1
Concept
When cash is received from partner, cash increases. Therefore cash account is debited.
Step 2
Why this answer is correct
The correct answer is A. रोकड़ खाता नामित होगा / Cash account will be debited. When cash is received from partner, cash increases. Therefore cash account is debited.
Step 3
Exam Tip
साझेदार से नकद मिलने पर नकद बढ़ता है। इसलिए रोकड़ खाता नामित होता है।
Out of five thousand, three thousand is received, so two thousand remains. It is still recoverable.
Step 2
Why this answer is correct
The correct answer is A. दो हजार रुपये नाम / Debit ₹2,000. Out of five thousand, three thousand is received, so two thousand remains. It is still recoverable.
Step 3
Exam Tip
पांच हजार में से तीन हजार प्राप्त हुए इसलिए दो हजार रुपये बाकी रहेंगे। यह अभी भी वसूली योग्य है।
A. साझेदार से वसूल योग्य राशि/Amount recoverable from partner
Step 1
Concept
The firm has to receive the loan from the partner, so it is recoverable. It may be adjusted in final settlement.
Step 2
Why this answer is correct
The correct answer is A. साझेदार से वसूल योग्य राशि / Amount recoverable from partner. The firm has to receive the loan from the partner, so it is recoverable. It may be adjusted in final settlement.
Step 3
Exam Tip
फर्म को साझेदार से ऋण मिलना है इसलिए यह वसूली योग्य है। इसे अंतिम भुगतान में समायोजित किया जा सकता है।
A. साझेदार से संबंधित अंतिम निपटान पूरा हो गया/Final settlement related to the partner is complete
Step 1
Concept
A balanced capital account shows that payable or receivable amount of that partner is settled. In final check, all capital accounts should close.
Step 2
Why this answer is correct
The correct answer is A. साझेदार से संबंधित अंतिम निपटान पूरा हो गया / Final settlement related to the partner is complete. A balanced capital account shows that payable or receivable amount of that partner is settled. In final check, all capital accounts should close.
Step 3
Exam Tip
संतुलित पूंजी खाता बताता है कि उस साझेदार का देय या प्राप्य निपटा दिया गया है। अंतिम जांच में सभी पूंजी खाते बंद होने चाहिए।
A. निपटान हो चुका है पर भुगतान बाकी है/Settlement is completed but payment is pending
Step 1
Concept
After final amount due is determined the unpaid part becomes a loan. Treat it as firm liability and not as partnership right.
Step 2
Why this answer is correct
The correct answer is A. निपटान हो चुका है पर भुगतान बाकी है / Settlement is completed but payment is pending. After final amount due is determined the unpaid part becomes a loan. Treat it as firm liability and not as partnership right.
Step 3
Exam Tip
अंतिम देय राशि तय होने के बाद unpaid भाग ऋण बनता है। इसे साझेदारी अधिकार नहीं बल्कि फर्म की देनदारी समझें।
B. यह बकाया पूंजी राशि को देय ऋण में बदलकर ब्याज और भुगतान सहित निपटान दिखाता है/It converts unpaid capital amount into payable loan and shows settlement with interest and payments
Step 1
Concept
This account records unpaid liability, interest, and payments completely. Exam tip: understand it as a final settlement account.
Step 2
Why this answer is correct
The correct answer is B. यह बकाया पूंजी राशि को देय ऋण में बदलकर ब्याज और भुगतान सहित निपटान दिखाता है / It converts unpaid capital amount into payable loan and shows settlement with interest and payments. This account records unpaid liability, interest, and payments completely. Exam tip: understand it as a final settlement account.
Step 3
Exam Tip
यह खाता बकाया देयता, ब्याज और भुगतान का पूरा रिकॉर्ड देता है। परीक्षा में इसे अंतिम निपटान खाते की तरह समझें।
A. पूंजी खाते में अंतिम देय राशि निकालने के बाद/After finding final amount due in capital account
Step 1
Concept
First all adjustments are made in capital account. If final amount remains due then loan account is prepared.
Step 2
Why this answer is correct
The correct answer is A. पूंजी खाते में अंतिम देय राशि निकालने के बाद / After finding final amount due in capital account. First all adjustments are made in capital account. If final amount remains due then loan account is prepared.
Step 3
Exam Tip
पहले पूंजी खाते में सभी समायोजन किए जाते हैं। अंतिम देय राशि बचने पर ऋण खाता बनाया जाता है।
A. बकाया देय राशि, ब्याज और भुगतान/Unpaid amount due, interest, and payment
Step 1
Concept
This account shows the complete settlement position. Exam tip: remember three main items amount due, interest, and payment.
Step 2
Why this answer is correct
The correct answer is A. बकाया देय राशि, ब्याज और भुगतान / Unpaid amount due, interest, and payment. This account shows the complete settlement position. Exam tip: remember three main items amount due, interest, and payment.
Step 3
Exam Tip
यह खाता निपटान की पूरी स्थिति दिखाता है। परीक्षा में तीन मुख्य मद याद रखें देय राशि, ब्याज और भुगतान।
A. निवृत्त साझेदार के लिए/For the retiring partner
Step 1
Concept
This account records the amount payable and payments to the retiring partner. Exam tip: understand it as a personal settlement account.
Step 2
Why this answer is correct
The correct answer is A. निवृत्त साझेदार के लिए / For the retiring partner. This account records the amount payable and payments to the retiring partner. Exam tip: understand it as a personal settlement account.
Step 3
Exam Tip
यह खाता निवृत्त साझेदार को देय राशि और भुगतान का रिकॉर्ड देता है। परीक्षा में इसे व्यक्तिगत निपटान खाता समझें।
A. फर्म को अभी भी राशि चुकानी है/Firm still has to pay an amount
Step 1
Concept
The remaining credit balance is still a liability of the firm. Exam tip: show it on the liabilities side.
Step 2
Why this answer is correct
The correct answer is A. फर्म को अभी भी राशि चुकानी है / Firm still has to pay an amount. The remaining credit balance is still a liability of the firm. Exam tip: show it on the liabilities side.
Step 3
Exam Tip
बचा क्रेडिट शेष अभी भी फर्म की देयता है। परीक्षा में इसे दायित्व पक्ष में दिखाएं।
A. ऋण पूरी तरह चुका दिया गया/Loan has been fully paid
Step 1
Concept
A zero balance means the amount payable has been fully settled. Exam tip: a closed account should have zero balance.
Step 2
Why this answer is correct
The correct answer is A. ऋण पूरी तरह चुका दिया गया / Loan has been fully paid. A zero balance means the amount payable has been fully settled. Exam tip: a closed account should have zero balance.
Step 3
Exam Tip
शून्य शेष का अर्थ है कि देय राशि का पूरा निपटान हो गया। परीक्षा में बंद खाते का शेष शून्य देखें।
Remaining loan will be ₹95000 minus ₹40000 which is ₹55000. Exam tip: transfer only the unpaid balance to loan account.
Step 2
Why this answer is correct
The correct answer is B. ₹55000. Remaining loan will be ₹95000 minus ₹40000 which is ₹55000. Exam tip: transfer only the unpaid balance to loan account.
Step 3
Exam Tip
शेष ऋण ₹95000 माइनस ₹40000 बराबर ₹55000 होगा। परीक्षा में बकाया राशि को ही ऋण खाते में डालें।
B. क्योंकि फर्म इसे बाद में चुकाएगी/Because the firm will pay it later
Step 1
Concept
The firm is not paying immediately so it becomes a loan payable later. Exam tip: treat unpaid amount due as a liability.
Step 2
Why this answer is correct
The correct answer is B. क्योंकि फर्म इसे बाद में चुकाएगी / Because the firm will pay it later. The firm is not paying immediately so it becomes a loan payable later. Exam tip: treat unpaid amount due as a liability.
Step 3
Exam Tip
फर्म राशि तुरंत नहीं चुका रही इसलिए यह बाद में देय ऋण बनती है। परीक्षा में बकाया देय राशि को दायित्व मानें।
A. यह अंतिम देय राशि को unpaid देनदारी बनाकर रखता है/It keeps final amount due as unpaid liability
Step 1
Concept
Settlement fixes the amount due and payment may happen later. Loan account shows this unpaid due amount.
Step 2
Why this answer is correct
The correct answer is A. यह अंतिम देय राशि को unpaid देनदारी बनाकर रखता है / It keeps final amount due as unpaid liability. Settlement fixes the amount due and payment may happen later. Loan account shows this unpaid due amount.
Step 3
Exam Tip
निपटान से देय राशि तय होती है और भुगतान बाद में हो सकता है। ऋण खाता इसी unpaid देय राशि को दिखाता है।
A. पूंजी खाते में अंतिम देय राशि निकालने के बाद/After finding final amount due in capital account
Step 1
Concept
First goodwill revaluation and other adjustments are completed in capital account. Loan account is prepared only after final amount due is found.
Step 2
Why this answer is correct
The correct answer is A. पूंजी खाते में अंतिम देय राशि निकालने के बाद / After finding final amount due in capital account. First goodwill revaluation and other adjustments are completed in capital account. Loan account is prepared only after final amount due is found.
Step 3
Exam Tip
पहले पूंजी खाते में सद्भावना पुनर्मूल्यांकन और अन्य समायोजन पूरे होते हैं। अंतिम देय राशि के बाद ही ऋण खाता बनता है।
A. यह बकाया देय राशि, ब्याज और भुगतान का लेखा है/It records unpaid amount, interest, and payment
Step 1
Concept
This account shows the settlement of the retiring partner systematically. Exam tip: remember its three parts: amount due, interest, and payment.
Step 2
Why this answer is correct
The correct answer is A. यह बकाया देय राशि, ब्याज और भुगतान का लेखा है / It records unpaid amount, interest, and payment. This account shows the settlement of the retiring partner systematically. Exam tip: remember its three parts: amount due, interest, and payment.
Step 3
Exam Tip
यह खाता निवृत्त साझेदार के निपटान को व्यवस्थित रूप से दिखाता है। परीक्षा में इसके तीन भाग याद रखें देय राशि, ब्याज और भुगतान।
Transfer to loan account means the amount is still payable. Exam tip: do not treat transfer as final payment.
Step 2
Why this answer is correct
The correct answer is A. भुगतान स्थगित है / Payment is deferred. Transfer to loan account means the amount is still payable. Exam tip: do not treat transfer as final payment.
Step 3
Exam Tip
ऋण खाते में स्थानांतरण का अर्थ है राशि अभी चुकानी बाकी है। परीक्षा में स्थानांतरण को अंतिम भुगतान न मानें।
A. निवृत्ति के बाद देय राशि के निपटान से/Settlement of amount due after retirement
Step 1
Concept
This account is prepared to settle the unpaid amount after retirement. Exam tip: link it with the final payment part of reconstitution.
Step 2
Why this answer is correct
The correct answer is A. निवृत्ति के बाद देय राशि के निपटान से / Settlement of amount due after retirement. This account is prepared to settle the unpaid amount after retirement. Exam tip: link it with the final payment part of reconstitution.
Step 3
Exam Tip
यह खाता निवृत्ति के बाद बकाया देय राशि के निपटान के लिए बनता है। परीक्षा में इसे पुनर्गठन के अंतिम भुगतान भाग से जोड़ें।
A. बकाया राशि के स्थगित भुगतान से/Deferred payment of unpaid amount
Step 1
Concept
The loan account is created when the amount due is not fully paid immediately. Exam tip: understand it as deferred payment.
Step 2
Why this answer is correct
The correct answer is A. बकाया राशि के स्थगित भुगतान से / Deferred payment of unpaid amount. The loan account is created when the amount due is not fully paid immediately. Exam tip: understand it as deferred payment.
Step 3
Exam Tip
ऋण खाता तब बनता है जब देय राशि तुरंत पूरी नहीं चुकाई जाती। परीक्षा में इसे स्थगित भुगतान समझें।
A. मूलधन और देय ब्याज का योग/Total of principal and due interest
Step 1
Concept
Payment may include both the principal loan and the added interest. Exam tip: add interest before final settlement.
Step 2
Why this answer is correct
The correct answer is A. मूलधन और देय ब्याज का योग / Total of principal and due interest. Payment may include both the principal loan and the added interest. Exam tip: add interest before final settlement.
Step 3
Exam Tip
भुगतान में मूल ऋण और जुड़ा ब्याज दोनों शामिल हो सकते हैं। परीक्षा में अंतिम निपटान से पहले ब्याज जोड़ें।
