Challenger App

No.1 PSC Learning App

1M+ Downloads
Interest on capital will be shown on the ...... side of P & L Account.

ADebit side

BCredit side

CAsset side

DLiability side

Answer:

A. Debit side

Read Explanation:

.


Related Questions:

The process of entering all transactions from the journal to ledger is called ---.
An error is counterbalanced by another error is known as -- error.
Which club promoted co-operative spirit among rural youth in Denmark?
Who founded the Folk High School concept in Denmark?
Consignment stock A/c is a