Interest on drawings is deducted fromChoose one optionCapital A/cExpense A/cIncome A/cOther liability A/c

The correct answer is Capital A/c.

Here's why:

1. Drawings refer to the money withdrawn by the owner of the business for personal use. It reduces the owner's equity in the business.

2. Interest on drawings is the amount charged on the owner for withdrawing money from the business. It is consider Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.