by: Admin_LouisPosted on:

The entry in the partnership books of accounts for interest on drawings is to?

The entry in the partnership books of accounts for interest on drawings is to?

A credit partners capital account

B debit partners capital account

C credit drawings account

D debit drawings account

Answer is B

Related posts:

  1. A financial analyst needs accounting information to?
  2. Abba offers 5% cash discount on goods worth N10 000, The discount allowed account is to be?
  3. In a period of inflation, which of the following method normally gives a closing closing stock?
  4. Calculate the prime cost?

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: