Question: What is P&L Appropriation Account? What purpose does it serve? Do you require such an account in all type of firms? Draw such an account

What is P&L Appropriation Account? What purpose does it serve? Do you require such an account in all type of firms? Draw such an account with imaginary figures.

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Solution Firstly We Understand What is PL Appropriation Account A Profit and Loss PL Appropriation Account is a financial statement that shows how the ... View full answer

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