NABTEB Accounting 2025 Objective — Question 15

Question 15 of 60 from the National Business and Technical Examinations Board (NABTEB) Accounting 2025 Objective paper, with the correct answer and a full explanation.

Which of the following items is debited to the partners' current account?

A. Interest on capital
B. Interest on drawings
C. Interest on partner's loan

Explanation

The partner's salary is debited to the partners' current account, as it represents an appropriation of profit to the partner.

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