Question

Give one point of difference between profit and loss amount and loss appropriation account​

Answer 1

The key difference between P&L and P&L appropriation account is that P&L account demonstrates the profit generated by the business whereas P&L Appropriation Account shows how profits will be distributed to relevant aspects such as dividend payments and reserves.

Answer 2

Answer:

The key difference between P&L and P&L appropriation account is that P&L account demonstrates the profit generated by the business whereas P&L Appropriation Account shows how profits will be distributed to relevant aspects such as dividend payments and reserves.