Question

Profit & Loss Appropriation Account
of Manna and Bapi
For the year ended 31st March, 2019
Particulars
Particulars
To Reserve @ 10%
By Profit & Loss AIC
(Net Profit bld)
on Net Profit * 2.19.733
21.973
2,19,733
To Capital Accounts:
Manna 3/587197 760 1.18.656
Bapi 215 197.760 79. 104 1.97.760
(Share of profit)
2.19.733
2,19,733​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

the net profit is 2,19,733

share of profit is 2,19,733