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Question
Match the following items:
| (i) | Interest on capital | (a) | Cr. side of Profit and Loss Appropriation A/c |
| (ii) | Interest on drawing | (b) | Dr. Side of Profit and Loss Appropriation A/c |
| (iii) | Interest on Partner's Loan | (c) | Dr. Side of Profit and Loss A/c |
Match the Columns
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Solution
| (i) | Interest on capital | (b) | Dr. Side of Profit and Loss Appropriation A/c |
| (ii) | Interest on drawing | (a) | Cr. side of Profit and Loss Appropriation A/c |
| (iii) | Interest on Partner's Loan | (c) | Dr. Side of Profit and Loss A/c |
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