Why appropriation is not considerd as an expense for partnership firm?
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Appropriation Is A Account In Which The Partner Calculating His / Her Profits After Get Net Profit Of P/L Account Of Firm.
kanhaiyaavp:
what do you think i dont know this..
just read question carefully....what I asked..
because it is not relate To firm It's Give Effects On Partner Capital / Current Ac
get lost
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It is a special account that a firm prepares to show the distribution of profits/losses among the partners or partner's capital.
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