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what is profit & Loss Appropriation A/c. why it is prepered?
what are its benefit for a company.

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what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company..

Answer / gitansh

profit & loss appropriation a/c is a account to find out
closing balance which is transferred to balance sheet under
the head of reserve & surplus.

Is This Answer Correct ?    10 Yes 0 No

what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company..

Answer / abdullah amer

Profit and Loss Account is the Account prepared to find out
net profit or loss of the business during the period.

Is This Answer Correct ?    2 Yes 3 No

what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company..

Answer / seema kadel

we can know our company going make profit or not. we also
knwo company'total purchse ans sales. we know real
condition about company. we also know nett loss or net
profit.

Is This Answer Correct ?    5 Yes 8 No

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