Select the most appropriate alternatives given below and rewrite the sentence :Interest on Drawing is credited to __________ Account. - Book Keeping and Accountancy

MCQ

Select the most appropriate alternatives given below and rewrite the sentence :
Interest on Drawing is credited to __________ Account.

Interest on Drawing is credited to Profit and Loss Account.

Concept: Profit and Loss Account

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Chapter 9: Final Accounts of a Proprietary Concern - Exercises [Page 316]

Chapter 9 Final Accounts of a Proprietary Concern
Exercises | Q 3. 5) | Page 316

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