Question

According to which concept, the
proprietor pays interest on drawings​

Answer 1

Explanation:

The owner of an enterprise has to pay interest on drawings on the entity concept. Because this concept states that owner has distinct legal identity from the business. The business here lend money to the owner in the form of drawings.

Answer 2

The owner of an enterprise has to pay interest on drawings on the entity concept. Because this concept states that owner has distinct legal identity from the business. The business here lend money to the owner in the form of drawings.