Question

how to calculate net profit from profit and loss appropriation account​

Answer 1

Format of Profit and Loss (P&L) Appropriation Account

Net Profit: This is the opening balance of appropriation a/c. This balance is taken from Profit & Loss a/c after making all the necessary adjustments for the period.

Or

Net Divisible Profit implies the amount which is left after adjusting items such as interest on capital, interest on drawings, salary, commission, etc. It is the balancing figure on the debit side of the Profit and Loss Appropriation Account (when Debit side < Credit Side of P&L Approp.

Answer 2

Answer:

profit = SP - Cp

loss = cp - sp