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      Question

      In the profit and loss appropriation account, the

      interest on drawings is recorded on the ______ side and interest on _____partner's loan is recorded on the _______ side, respectively.
      A credit; debit Correct Answer Incorrect Answer
      B credit; credit Correct Answer Incorrect Answer
      C debit; credit Correct Answer Incorrect Answer
      D debit; debit Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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