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Interest on drawings of the Partners is a : (a) Loss to business

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asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)
edited Jun 29, 2023

Interest on drawings of the Partners is a :

(a) Loss to business
(b) Profit to business
(c) Profit to partners
(d) Loss to Bank

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1 Answer

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answered Jul 21, 2022 by Doubtly (98.9k points)
edited Jun 29, 2023

(b) Profit to business

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