Name any two items which are shown on the debit of Profit and Loss Appropriation Account. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Interest on Capital, (ii) Salary to Partners. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostName the method of calculating interest on Drawings of the Partners if the different amounts are withdrawn on different dates. Next PostName any two items which are shown on the credit of Profit and Loss Appropriation Account. You Might Also Like If total assets are Rs. 5,00,000; total liabilities are Rs. 2,00,000; amount realised on sale of assets is Rs. 3,10,000 and realisation expenses are Rs. 2,000 what will be the profit or loss on realisation? September 27, 2022 What is ‘Operating Cycle’? September 30, 2022 What is meant by redemption of debentures by lump sum payment? September 30, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If total assets are Rs. 5,00,000; total liabilities are Rs. 2,00,000; amount realised on sale of assets is Rs. 3,10,000 and realisation expenses are Rs. 2,000 what will be the profit or loss on realisation? September 27, 2022