The Journal Entry to transfer interest on capital to Profit and Loss Appropriation Account would be :

1

Interest on Capital A/c Dr.

To Profit & Loss Appropriation A/c

2

Profit & Loss Appropriation A/c Dr.

To Interest on Capital A/c

3

Profit & Loss A/c Dr.

Partner's Current A/c

To Interest on Capital A/c

4
More than one of the above
5
None of the above

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