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प्रश्न
State two differences between a partner’s loan account and a partner’s capital account.
अंतर स्पष्ट करें
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उत्तर
| Basis | Partner’s Loan Account | Partner’s Capital Account |
| Nature | It is a liability for the firm. | It represents the partner’s ownership in the firm. |
| Interest | Interest is a charge against profits and is paid even if there is a loss. | Interest is an appropriation of profits and paid only out of profits. |
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