12th Class
Accountancy
Fundamentals of Partnership
Question Bank
MCQs - Accounting for Partnership Firm - Fundamentals
question_answer
Mohan a partner given loan to the firm on 1st October 2020 without any agreement to interest. On 31st March 2021, Interest on loan was paid to him Rs.8,000 and Rs.1,000 interest was still outstanding. How much loan Mohan had given to the firm?