Question
If 6% interest is to be allowed on a capital of
₹10,00,000, what will the adjusting entry be for this will in the books of the partnership firm?Solution
Interest = ₹10,00,000 × 6% Interest = ₹60,000 So, the adjusting entry in the books of the partnership firm would be: Debit: Interest Expense [Interest on capital] & Credit: Partner’s capital account as the firm needs to pay partners so there is an increase in liability.
Select the option that represents the letters that when sequentially placed from left to right in the blanks below, will complete the letter series.
...Select the option that represents the letters that, when placed from left to right in the same sequence in the blanks below, will complete the letter se...
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
a b _ d _ f g _ i _...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
p _ _ _ q r _ ...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
m _ _ _ n o _ ...
Select the option that represents the letters that, when sequentially placed from left to right in the blanks below, will complete the letter series.
RQP, ONM, ____, IHG, FED, find the missing letters
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
G _ I _ K G H I _ K _ _ _ J K
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
OA, LG, IM, FS, (?)
...Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
g _ _ _ h i _ ...
