1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

what does profit and loss appropriation a/c on dr side of
financial trial balance mean? pls answer my question

Question Posted / swosti

Answers were Sorted based on User's Feedback



what does profit and loss appropriation a/c on dr side of financial trial balance mean? pls answer..

Answer / ram

After getting the net profit or net loss that will be
transfered to Profit and Loss Appropriation a/c, and that
profit or loss will be distributed to partners capitals a/c
after deducting the interest and remunerations and other
drwaings.

Is This Answer Correct ?    12 Yes 2 No

what does profit and loss appropriation a/c on dr side of financial trial balance mean? pls answer..

Answer / ravi singh

because it is a fictious asset

Is This Answer Correct ?    4 Yes 2 No

Post New Answer

More Accounting AllOther Interview Questions

what are the concepts & conventions of accounting?

4 Answers  

WHILE CALCULATING STOCK TURN RATIO WHY WE TAKE AVARAGE STOCK

1 Answers  

euro dollars are best described as ?

2 Answers  

Expand ------APDDCF

1 Answers  

what are the Bank Vouchers?how it is entered in books of accounts?

1 Answers  




where we use the convetion of conservatisam in real life??

0 Answers   Cognizant,

what are the fundamentals of book keeping

3 Answers  

what is cap & floor of call rates?

1 Answers  

Assessment Year or Finanacial Year is Both are same or Different.

4 Answers  

What is depreciation and how many methods are using explain With examples

4 Answers  

What is the nature of Outstanding Expenses?

9 Answers   Campus Interview, RRDonnelley,

what is accrual income ?

15 Answers   Capital IQ, Cognizant, Genpact,

For more Accounting AllOther Interview Questions Click Here
Categories