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AP
Question Practice

When are interest on drawings and interest on capital usually posted?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

When are interest on drawings ...

Single Answer MCQ
Q-00082030

When are interest on drawings and interest on capital usually posted?

1

At the beginning of the year

2

At the end of the accounting period

3

After the partners' capital is determined

4

When partners withdraw capital

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