8. Akhil, Sunil and Parvesh are partners sharing profits in the ratio of 3:2:1. Opening balance of Loan by Sunil Account was ₹3,00,000. Interest payable was agreed @ 10% p.a. Interest was paid by cheque up to February, 2025 on 1st March, 2025 and balance was yet to be paid.
Pass the Journal entries for interest on loan by partner.