Multiple Choice Questions on Which one of the following items cannot be recorded in the profit and loss appropriation account ........ for Commerce 12th Preparation

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Multiple Choice Questions

Which one of the following items cannot be recorded in the profit and loss appropriation account ........

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    Which one of the following items cannot be recorded in the profit and loss appropriation account?

    Interest on capital

    Incorrect Answer

    Interest on drawings

    Incorrect Answer

    Rent paid to partners

    Correct Answer

    Partner’s salary

    Incorrect Answer
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    Explanation:

    Rent paid to partners

    By: santosh
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