Question

How is partner's profit calculated in profit and loss appropriation account?

Answer 1

This account is credited with the Net profit(taken from profit and loss account)
and Interest on drawings(loss to partners, income for the firm).

Debit with Intrest on capital of the partners, Partner's salary, Commission to partners(Income to partners and, loss to the firm)

The Net divisible Profit is distributed to the partners in their profit-sharing ratio. If profit-sharing ratio is not given, then it is distributed equally. Same is in the case of losses