Question

why is rent paid to a partner a charge against profit and not an appropriation of profit

I need the specific logic and reason not treatment

if u do not know pls do not answer

good ans will be marked brainliest​

Answer 1

Answer:

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Explanation:

Rent is paid for the use of asset of partner in business. Rent paid is an expense for business not as distribution of profit to partners. It is charged to profit and loss account not from profit and loss appropriation account. Rent paid to a partner is charged to profit not appropriation of profit.✌✌✌✌

Answer 2

Explanation:

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