Interest on a partner's drawings is debited to the
FINANCIAL
POST UTME UI
Interest on a partner's drawings is debited to the
- 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
Correct Answer: A) partner's current account and credited to the profit and loss appropriate account
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