When a partnership firm give loan to its partner then interest on loan will be debited in profit and loss account true or false
Answers
Answered by
5
False.
Interest on loan is a profit for the partnership firm so it will be credited.
hope it helps..
Interest on loan is a profit for the partnership firm so it will be credited.
hope it helps..
Answered by
2
hi...
False is the answer.
False is the answer.
Similar questions