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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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