how to prepare profit and loss appropriation account for this sum?
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Questions on Profit and Loss Appropriation:- Account
There are 2 Partners in a firm A and B. A
's Drawings = Rs.10000 and B's Drawings = Rs.12000. Interest on Drawings = 10% p.a. ...
There are 2 Partners in a firm. According to the firm, A will get Rs.1000 as Salary per month. Whereas B will get Rs.1200 per month as Commission.
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