Question

which of the following items is not death through profit and loss appropriation accounting

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Answer 1

Answer:

Here is ur ans

Explanation:

Profit and loss Appropriation account is prepared to show the distribution of net profit among the partners. It is only an extension of profit and loss account.

The profit and loss appropriation account is debited with items which are appropriation of profits. Such items are:-

1.Salary to partners.

2.Interest on capital.

3. Commission to partners.

4.Transfer to reserves.

5.Share of partners in the profits.

Answer 2

Answer:

partners commition

Explanation:

because profit and loss appropriation acc. not contain partners commision

this is only contain Intrust on partners loan ,salary and capital acc.