मराठी
महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

The interest on capital of a partner is debited to _______ account. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

The interest on capital of a partner is debited to _______ account.

रिकाम्या जागा भरा

उत्तर

The interest on capital of a partner is debited to  Profit and Loss account.

shaalaa.com
Provision of the Indian Partnership Act 1932
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५२]

APPEARS IN

बालभारती Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership and Partnership Final Accounts
Exercise 1.1 (Objective Questions) | Q I. E. 6) | पृष्ठ ५२

संबंधित प्रश्‍न

In the absence of an agreement, interest on loan advanced by the partner to the firm is allowed at the rate of ______.


Write the word/phrase/term, which can substitute the following sentence.

An association of two or more persons according to the Indian partnership Act 1932.


Answer in one sentence only.

In the absence of Partnership Deed, what is the rate of interest on loan advanced by partner to the firm is allowed?


Do you agree/disagree with the following statement:

Partners are entitled to get Salary or Commission.


Do you agree/disagree with the following statement:

The Indian Partnership Act, came into existence in the year 1945.


Write the word/phrase/term, which can substitute the following sentence.

Amount of cash or goods withdrawn by partners from the business from time to time.


In case of non-agreement; Loan by Partner is ₹ 1,00,000/- calculate interest on loan to be given?


Under Perfect competition, sellers are

  1. Price makers 
  2. Price takers
  3. Price discriminators 
  4. None of these

Write the word/phrase/term, which can substitute the following sentence.

Act under which partnership firms are regulated.


In the absence of an agreement, interest on the loan advanced by the partner to the firm is allowed at the rate of ______.


The Indian Partnership Act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The balance of the capital account of retired partner is transferred to his ______ account if it is not paid.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


The Indian Partnership act is in force since ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×