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Why Intrest on Capital is Goes …

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Why Intrest on Capital is Goes in profit and Loss debit side

    • Posted by Suyash Prakash 8 years, 4 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ritikesh Kumar 8 years, 4 months ago

    Because interest on capital is our income and therefore it goes in capital (as profit)

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