Accountancy, asked by ss7611474, 1 month ago

Interest on partners loan will be recorded in

Answers

Answered by Anonymous

Answer:

To Interest on Loan A/c (Being interest on loan transferred to P & L A/c) It is always DEBITED to Profit and Loss A/c Rent paid to a partner is also a charge against profits and it will also be DEBITED to Profit and Loss A/c.

Answered by kushalpathak95

Answer:

Answer is firm' s Book

Explanation:

please mark as brainliest answer please

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Interest on partners loan will be recorded in​

Answers

Interest on partners loan will be recorded in