Partners loan are paid before
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Answer. Partners loan account is paid before payment of the interest. When a partners loan account is opened, then it is generally kept separate from one's personal account. ... The interest is calculated on the principal amount of the loan which changes with every installment.
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Hey there this is your answer...!!!
Partners loan account is paid before payment of the interest. When a partners loan account is opened, then it is generally kept separate from one's personal account. ... The interest is calculated on the principal amount of the loan which changes with every installment
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