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Board Question Paper : July 2019 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : July 20191 Mark
MCQ
 What is the interest on drawings for a partner ?
  • ✓
    An expense
  • B
    Liability
  • C
    Income
  • D
    Loss
✓

Answer

Correct option: A.
An expense

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