Is Profit and Loss appropriation account …
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Posted by Arinan Aggarwal 7 years ago
- 2 answers
Mrinal Kumar 6 years, 9 months ago
Final accounts is always made for Firm. The P&L appropriation account is nothing but distribution of final profit among partners and some profit is also diverted towards Reserves.
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Mrinal Kumar 6 years, 9 months ago
Final accounts is always prepared for Firm. The P&L appropriation account is nothing but distribution of final profit among partners and some profit is also diverted towards Reserves.
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