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CUET Accountancy 2025 14 May Shift 1

Profit and Loss Appropriation Questions

1 Profit and Loss Appropriation questions from CUET Accountancy 2025 14 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.

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Profit and Loss Appropriation โ€” CUET Accountancy 2025 14 May Shift 1(1โ€“1 of 1)

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Amitabh and Babul are partners sharing profits in the ratio of , with capitals of and respectively. Interest on capital is agreed @ Babul is to be allowed an annual salary of . Manager is to be allowed commission . Amitabh has also given a loan on April 01, 2019 of to the firm without any agreement. During the year 2019-20, the profits earned is . What amount of profit will be transferred to Profit and Loss Appropriation account :

CUET Accountancy 2025 14 May Shift 1 Profit and Loss Appropriation โ€” FAQ

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