Accountancy, asked by ayuban1095, 6 months ago

What is done with reserve fund in profit and loss appropriation account and also in partners capital account

Answers

Answered by barsha1137
0

Answer:

After transferring a particular sum to the reserve fund , balance amount will be distributed among the partners in the agreed profit sharing ratio . And this amount is transferred to their capital or current accounts.

Answered by chauhantanmay55
0

Answer:

I am in class 6 please don't ask me this question

Explanation:

my brother in CMA

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