Accountancy, asked by shubhammalik81, 9 months ago

pro rata in account

Answers

Answered by Thûgłife
8

Explanation:

Pro rata definition. Pro rata refers to a proportional allocation. In accounting, this means the allocation of revenues, expenses, assets, liabilities, or other items among participants, based on each participant's proportional share of the whole. A participant may be an individual or an entity.

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