Name any two items which are shown on the credit of Profit and Loss Appropriation Account. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Profit for the year. (ii) Interest on Drawings. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostName any two items which are shown on the debit of Profit and Loss Appropriation Account. Next PostWhy salary and commission paid to partners are recorded in Profit & Loss Appropriation Account instead of Profit & Loss Account? You Might Also Like Give two examples of Cash Flows from Operating Activities. October 4, 2022 Jayant, Kartik and Leena were partners in a firm sharing profit and loss in the Ratio 5: 2: 3. died Jayant decided to continue the business. Their gaining-Ratio was 2: 3. Calculate the new profit-sharing Ratio of Jayant and Leena. (C.B.S.E. 2018) September 27, 2022 What are preliminary expenses? September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Jayant, Kartik and Leena were partners in a firm sharing profit and loss in the Ratio 5: 2: 3. died Jayant decided to continue the business. Their gaining-Ratio was 2: 3. Calculate the new profit-sharing Ratio of Jayant and Leena. (C.B.S.E. 2018) September 27, 2022