Interest on capital will be shown on the Dr. side of Profit and Loss Appropriation A/c and ________ side of Partner's ________ A/c. Option 1: Cr, Capital Option 2: Dr, Current Option 3: Cr, Current Option 4: Dr, Capital

The answer is 'Cr, Current'. View full solution:

CUET Accountancy - Interest on capital will be shown on the Dr. side of Profit and Loss Appropriation A/c and ________ side of Partner's ________ A/c. | PYQs + Solutions

CUET Accountancy 2022 20 Aug Shift 2

Partnership

Medium

Cr, Capital

Dr, Current

Cr, Current

Dr, Capital

✅ Correct Option: 3

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CUET Accountancy 2022 20 Aug Shift 2 PYQs

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