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Payment of interest on loan to partner is recorded in ……………….. account.
Accountancy
Introduction to Partnership
Question
Updated
19 Aug 2026
Payment of interest on loan to partner is recorded in ……………….. account.
A
Choose Your Answer
A
Profit and Loss A/c, Dr. side
B
Profit and Loss Appropriation A/c, Dr. side
C
Profit and Loss A/c, Cr. side
D
Current A/c, Dr. side
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