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Question : Pick the odd one out of the following:

Option 1: Rent to partners

Option 2: Manager's commission

Option 3: Interest on partner's loan

Option 4: Interest on partner's capital


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Interest on partner's capital


Solution : Answer = interest on partner's capital
Rent to partners, manager's commission, and interest on the partner's loan are transferred to the profit and loss account. Interest on the partner's capital is charged from the appropriation of profit transferred to the profit and loss appropriation account.
Hence, the correct option is 4.

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