Accountancy, asked by virdih1516, 19 days ago

1 Interest on Partner’s loan is to of partner.

Answers

Answered by 14487

0

Answer:

Explanation:

Interest on loan by partner is also an appropriation of profit. So, it is debited to profit and loss appropriation account

Previous Question

Next Question

Similar questions

Math, 9 days ago

p (x) = 2x3 - 13x2 + 17x + 12 then p(2) = _________. a) - 8 b) 5 c) - 10 d) 10...

History, 9 days ago

Discuss the difficulties faced by the Zamirdars in collecting renvenue from the peasants Give any2 point?

Math, 9 days ago

Adinath wants to cover the floor of a room 4m wide and 5m long by squared tiles. If each square tile is of 50cm, then find the number of tiles required to cover the floor of a room.

English, 19 days ago

Say whether the following statements are true or false. Correct the false statements. 1. Gopal Rao opposed widow remarriage and women education. 2. In those days husbands taught their wives. 3. The childhood name of Anandi was Yamunabai. 4. Anandibai decided to become a doctor because there were no female doctors at that time. 5. Anandibai was one of the few female doctors of that day. 6.

English, 19 days ago

look at this proverb all well that ends well 1.discuss what it means can you think of events happenings in life .where this proverb the can be used 2.write down your story on the event then read the paragraph to your neighbour...

Math, 9 months ago

In the PQ ll side BC and seg QR || side AB.

Computer Science, 9 months ago

define web browser name any three web browser...

Math, 9 months ago

find a number whose one-third part exceeds it's one fifth part by 20...