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  5. The entry in the par...

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

Accounts - Principles of Accounts
JAMB 2008
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
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Correct Answer: Option B
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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now