Why is an appropriation account included in an income statement for a partnership?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 24, 2023 02:48 PM

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Why is an appropriation account included in an income statement for a partnership?

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An appropriation account is included in an income statement for a partnership to properly allocate and distribute profits or losses among the partners ...View the full answer

Cambridge International AS And A Level Accounting

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