Accountancy > Accounting For Partnership Firms > Fundamentals Of Partnership
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Manoj, Dilip and Rajinder were partners in a firm sharing profits and losses in the ratio of 7:3:5. Their fixed capitals were ₹10,00,000, ₹8,00,000 and ₹6,00,000, respectively. The partnership deed provided for interest on partners' drawings @ 12% p.a. Which of the following accounts will be debited for charging interest on partners' drawings?
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