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