Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Friday, 22 November 2024

RegisterLogin

The double entry for interest on drawings by a partner is: debit

The double entry for interest on drawings by a partner is: debit

A. Partner's Current Account; creditAppropriation Account
B. Profit and Loss Account: credit Interest Account
C. Appropriation Account credit Partner's Current Account
D. Interest Account: credit Profit and Loss Account




STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy