A trial balance as at 31st December, 2002 contains the following information 12% bank loan ` 40000, interest paid as ` 3800. Interest debited to the profit and loss account is

A trial balance as at 31st December, 2002 contains the following infor

1.	A trial balance as at 31st December, 2002 contains the following information 12% bank loan ` 40000, interest paid as ` 3800. Interest debited to the profit and loss account is
A.	` 44000
B.	` 5000
C.	` 4800
D.	` 1000
Answer» D. ` 1000

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A trial balance as at 31st December, 2002 contains the following information 12% bank loan ` 40000, interest paid as ` 3800. Interest debited to the profit and loss account is

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