At the end of the year, Drawings A/c is transferred to which account?
A. To Capital A/c
B. To Profit & Loss A/c
C. To Trading A/c
D. To Bank A/c
Answer:A
At the end of the year, Drawings A/c is transferred to which account?
A. To Capital A/c B. To Profit & Loss A/c C. To Trading A/c D. To Bank A/c