What will be the journal entry for charging interest on drawings from partners by a partnership firm?

 Partner’s Capital A/c Dr.
     To Interest on drawings A/c
(Interest on drawings is charged)

The correct answer is option 3-
 Partner’s Capital A/c Dr.
     To Interest on drawings A/c
(Interest on drawings is charged)

The following journal entry is passed for charging Interest on Drawings:
Partners Capital/Current A/c’s (individually) Dr.
          To Interest on Drawings A/c
(Interest on drawings is charged)

And it is transferred to profit and loss appropriation Account by crediting P & L Appropriation A/c and debiting interest on capital.
Capital or current account is depend on the method followed by the partnership firm for maintaining the capital accounts of the partners.