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If a retiring partner is partially paid in cash and the rest is treated as a loan, which accounts are credited?

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MCQ_SA

Single Answer MCQ

Q-00082295

Retiring Partners' Loan A/c and Cash/Bank A/c

Cash/Bank A/c and Retiring Partners' Capital A/c

Retiring Partners' Capital A/c and Profit & Loss A/c

Gaining Partners' Capital A/c and Interest A/c

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