Profit and Loss Appropriation Account Tutorial How to Prepare Partnership Business Account
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I'll teach you profit and loss appropriation account. This tutorial will give you complete idea how to prepare profit and loss appropriation account for partnership business. • I explained what the appropriation account for a partnership is. I also showed an example of how to do the appropriation account. Here we calculate interest on capital, interest on drawings, and partner's share of remaining profits in the appropriation account. • This free video lesson is for the students of Class 11, Class 12, B.COM, BBA, Cambridge IGCSE, GCSE, O Level, As Level, A Level, IB, CBSE, GCE, Edexcel Accounting Syllabuses, and any other accounting courses. Accounting Celebrity features accounting lessons for students which is a convenient way to learn Accounting. • -------- • You can connect me on social media. Links are below- • / accountingcelebrity • / accountingcele1 • / accountingcelebrity • / ashiqur-rahman-mcom-mba-2973a962 • -------- • #accountingcelebrity #accountingtutorials #partnerships • -------- • TIMESTAMPS-- • 00:00 Intro • 00:41 What is appropriation account • 06:57 interest on capital • 08:52 profit share • 09:37 profit share distribution • -------- • Accounting Celebrity • / accountingcelebrity • -------- • Join My Facebook Group : / 123159889735702 • -------- • Please Like, Subscribe and Share this Tutorial to Support me... • ► Business Inquiries ONLY • [email protected]
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