Interest on partners drawings are debited in the

Accounts - Principles of Accounts WAEC 2017

Interest on partners drawings are debited in the
 

  • partners current accounts and credited to the appropriation account checkmark
  • drawings account and credited to the profit and loss account
  • profit and loss account and credited to the partners current account
  • profit and loss account and credited to the partners' drawings account

The correct answer is: A

Explanation

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