2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    In case of loss interest on loan (loan given by a partner to the firm) is to be shown in the debit side of Profit & Loss account 

    A) True

    B) False

    Correct Answer: A

    Solution :

    True


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