[Solved] Interest on capital Account:

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Q.	Interest on capital Account:
A.	debited to profit & loss a/c
B.	credit to profit & loss a/c
C.	debit to profit & loss and credited to partners capital a/c
D.	only credited to partners capital a/c
Answer» C. debit to profit & loss and credited to partners capital a/c

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Financial Accounting 2

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