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List any two items shown on the debit side of Profit & Loss Appropriation Account.

Anurag Pathak
April 9, 2023
[CBSE] Fundamentals of Partnership Firm, Accountancy Class 12th

805 viewsApril 9, 2023[CBSE] Fundamentals of Partnership Firm Accountancy Class 12th

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Anurag Pathak28.37K April 9, 2023 0 Comments

List any two items shown on the debit side of Profit & Loss Appropriation Account.

Anurag Pathak Changed status to publish April 9, 2023

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1 Answer

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Anurag Pathak28.37K Posted April 9, 2023 0 Comments

Answer:-

i) Interest on Partner’s Capital

ii) Salary to a Partner

iii) Commission to a Partner

iv) Share of Profit

Anurag Pathak Changed status to publish April 9, 2023

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.