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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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Answer Posted / sankeerthana
Profit and Loss apportionment account is prepared by the
partnership firms. Thru this nett result will be
apportioned among the partners.It will be prepared on the
closure date.
| Is This Answer Correct ? | 18 Yes | 8 No |
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