Accountancy, asked by samkitms, 8 months ago

interest on drawing is?

Answers

Answered by Anonymous
13

Answer:

Interest on drawing is an income for the firm and is payable by the partners to the firm hence, is deducted/debited. Interest is charge on the money/goods taken by the partners for their personal use during the year.

Answered by megha7555
1

Answer:

#artists

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