Question on: JAMB Accounting - 1995
Interest on a partner's drawings is debited to the
A
Partners current account and credited to the profit and loss appropriation 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 current account
D
Partner's current account and credited to the profit and loss account
Ask EduPadi AI for a detailed answer
Correct Option: A
Add your answer
Please share this, thanks!
No responses