Nigerian Scholars » Past Questions » Accounts » Interest on a partner's drawings is debited to the

Interest on a partner's drawings is debited to the


Question

Interest on a partner's drawings is debited to the

Options

A) partner's current account and credited to the profit and loss appropriate account

B) profit and loss appropriation account and credited to the partner's current account

C) profit and loss account and credited to the partner's account

D) partner's current account and credited to the profit and loss account

The correct answer is A.


More Past Questions:


Discussion