CBSE BOARD XII, asked by Snigdha3808, 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

23

No, interest on capital are not included in profit and loss appropriation a/c

Answered by Anonymous

0

No, interest on capital are not included in profit and loss appropriation a/c

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