interest on capital to a partnership firm is -
a) profit
b) loss
c) an income
d) an expenses
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Answered by
10
interest on capital to a partnership firm and is debited to the profit and loss appropriations account
Explanation:
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Answered by
1
Answer:
Interest on capital to Partner is Expense for Partnership Firm.
Therefore, It is Debited in P & L Appropriation A/c.
Explanation:
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