Give the journa entry for full settlemen of partners loan of 5000 in 4500 appearing in the liabilities side of the balance sheet
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loan a/c dr 5000
to cash a/c 4500
to discount a/c 500
(being loan paid and discount received)
follow my brainly a/c for future needs....
to cash a/c 4500
to discount a/c 500
(being loan paid and discount received)
follow my brainly a/c for future needs....
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