Question

Choose a correct alternative for the below
transaction while preparing accounting
equation. "Interest on drawing of Rs. 3000
charged"
O Capital + 3,000, Capital - 3,000
O Cash + 3,000, Capital + 3,000
O Cash - 3,000, capital - 3,000
O Cash + 3,000, capital - 3,000​

Answer 1

Explanation:

0 cash + 3000 , capital - 3000