what do you know about the term Interest on Drawings in Accountancy......don't spam
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Explanation:
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.
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A nonfinite verb is a verb that is not finite. Nonfinite verbs cannot perform action as the root of an independent clause. Most nonfinite verbs found in English are infinitives, participles and gerunds.
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