A and B were partner in …

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A and B were partner in a firm sharing profit in the ratio of 2:1. During the year ended 31st March 2019.A has withdrawn 50,000.interest on drawing amounted to 15,00. Pass journal entry for charging interest on drawing
Posted by Hardik Kumar 5 years, 9 months ago
- 2 answers
Harsh Agarwal 5 years, 9 months ago
Bank a/c. Dr. 50000
To A's capital A/C. 50000
Bank A/C Dr. 1500
To. Intrest on drawings a/c 1500
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Hardik Kumar 5 years, 9 months ago
2Thank You