Question

According to profit and loss acount,the net profit for the year is 1,50,000.The total interest on partner's capital is 18,000 and interest on partner's drawings is 2,000. the net profit as per profit and loss appropriation account is.

Answer 1

Answer:

it will be same 1,50,000

Explanation:

NET PROFIT WILL NOT BE CHANGED IN PROFIT AND LOSS APPROPRIATION ACCOUNT.

PLS MARK IT AS BRAINLIEST.........