Interest on Drawings is _________ to business.

Challenger App

Practices of Banking

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

Interest on Drawings is _________ to business.

Aan income

Ba liability

Ca expense

Dnone of these

Answer:

A. an income

Related Questions:

Revaluation method of depreciation is suitable for :

Payment of Bill before the due date by the acceptor is known as :

No joint account is permitted in the case of :

How many parties are required to create a promissory note ?

Valuation of closing stock is based on the concept.