Option D is correct because partner's loan account is NOT transferred to Realisation Account, Partner's Capital Account, or Partner's Current Account. According to the context, partner's loan is treated as a separate liability. The entry for payment of loans due to partners is 'Partner's Loan A/c Dr. To Bank A/c', showing it is settled directly through Bank Account. The context clearly states the order of payment: first outside liabilities are paid, then loans made by partners to the firm are repaid, and finally capital account balances are settled. Partner's loan is distinct from partner's capital and is not transferred to the Realisation Account which is used only for sale and realisation of assets and settlement of creditors.