Math, asked by navyathapa999, 2 months ago

int on capital 3000. what will be the entry

Answers

Answered by anbupriyannagai

Answer:

Accounting and Journal Entry for Interest on Capital. Interest on capital is an expense for the business and is added to the capital of the proprietor thereby increasing his total capital in the business. It is not paid in cash or by the bank.

Step-by-step explanation:

hence this is your answer dear. please mark me brainliest

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int on capital 3000. what will be the entry​

Answers

int on capital 3000. what will be the entry