The interest on partner’s drawings is debited to:
A. Partner’s Capital A/c
B. Profit and Loss A/c
C. Drawings A/c
D. P. & L. App. A/c
Answer:A
The interest on partner’s drawings is debited to:
A. Partner’s Capital A/c B. Profit and Loss A/c C. Drawings A/c D. P. & L. App. A/c