Accountancy, asked by Ashish4447, 11 months ago

Profit and loss appropriation account is prepared to determine which profit

Answers

Answered by Anonymous
3

Answer:

Profit and loss appropriation account is prepared to determine Distributable or divisible profit .

hope it helps..

Answered by yugrajsahi
0

Answer:

Here is ur answer

PLZ MARK it as BRAINLIST

The profit and loss appropriation account is the extension of profit and loss account. The main intention of preparing profit and loss appropriation account is to show "distribution of profit among partners".

Hope it helps u

Explanation:

Similar questions