Accountancy, asked by shuklayuvraj7007, 9 months ago

Do all forms of business organisations prepare profit and loss Appropriatin Account?

Answers

Answered by aditi346454

0

Answer:

i think so the answer is yes

because they have to share their profits and losses in the ratio that is given

Answered by efilingstsr1995

0

Answer: No

Explanation: Only partnership firms prepare P&L appropriation A/c for distributing profits & reserves

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