Interest on partners drawings are debited in the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Partners current accounts and credited to the appropriation account
- B Drawings account and credited to the profit and loss account
- C Profit and loss account and credited to the partners current account
- D Profit and loss account and credited to the partners' drawings account
Correct Answer: Option A
Explanation:
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