2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    Interest on partner’s drawings will be credited to:

    A) profit and loss account

    B) profit and loss appropriation account

    C) partner’s capital accounts

    D) None of the above

    Correct Answer: B

    Solution :

    [b] profit and loss appropriation account


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