The major distinguishing element between the final accounts of a partnership and a sole trader is the
drawings account
appropriation account
capital account
creditors account
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B is the answers because other options the are not partner ending account.
To read more go and check more about partner account
So the answer is b
The answer is appropriation account in one man business there is no appropriation but in partnership there is because its account in which profit&loss are ascertain for more explaination add me on 2go tottiz
Nwa-T: Says: I'm in suport of d motion who says dat option B is d correct ans. B/c, Creditor, drawing n Capital a/c are d categories of both Partnership n final a/c of sole trader except Appropriation a/c which z d only a/c of Partnership Thanks.
for one man business there is noting like appropriation acct becos the profit belong to the owner and no sharing of profit in a sole trader acct
B is d correct answer,if u nid more explaination reach me on dis number:08164164668
