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While preparing Adjustment table of past …

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While preparing Adjustment table of past adjustments , is gain or loss from P&L appropriation recorded or not ??

    • Posted by Prableen Kaur 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Prateek Seth 6 years, 10 months ago

    You can ignore recording profit if it is distributed correctly otherwise if the profit is distributed in wrong ratio it is necessary to debit profits in already distributed ratio

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