Question No 13 Of TS Grewal (CBSE)

Parul, Paresh and Rahul are partners in a firm. Firm gave loan to Rahul on 1st February of Rs. 6,00,000. Interest was agreed to be charged @6% p.a. Rahul paid interest by cheque up to February on 5th March, and balance was paid by him on 5th April. Pass the Journal entries for interest on loan to partner.

Solution No 13 Of TS Grewal (CBSE)

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