A

Admin • 802.91K Points
Coach

Q. Which account is affected when interest is charged on drawings?

  • (A) Capital A/c
  • (B) Drawings A/c
  • (C) Cash A/c
  • (D) Interest on Drawings A/c
  • Correct Answer - Option(B)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Drawings A/c is debited with interest on drawings to increase the amount withdrawn.

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