CBSE BOARD XII, asked by shreyakit27, 1 year ago

In profit and loss appropriation account,if a partner has a debit balance then will interest on capital be debited in p&l appropriation account?

Answers

Answered by ItzSharmaji

25

No, Interest on capita is not included in profit and loss appropriation account.

Previous Question

Next Question

Similar questions

English, 6 months ago

what is the opposite of eternal? 1)transient 2)occasional 3)promotional 4) permanent ...

Math, 6 months ago

he ascending order of –3/5, –1/5, – 2/5 is: 1.–1/5, –2/5, –3/5 2.–1/5, –3/5, –2/5 3.–3/5, – 2/5, –1/5 4.–3/5, –1/5, – 2/5 ...

Social Sciences, 6 months ago

What is Civil Case and Criminal Case Class 8th please help me....

Math, 1 year ago

A train travels a distance of 480 km at a uniform speed if the speed had been 8 km per hour less than it would have taken 3 hours more to cover the same distance find the speed of the train...

Biology, 1 year ago

Why are some patients of diabetes treated by giving injection of insulin?

Geography, 1 year ago

WHAT IS SYMBOL .............

Physics, 1 year ago

a rod is bent into a circle of radius 2m. the rod has uniform linear charge density 1C/m. the electric potential at the center is?

Environmental Sciences, 1 year ago

what are the main five elements of the world?