Appropriation Account
TAYO TOPE
₦ ₦
interest on capital 750 550
Salaries 800 600
Share of profit 3,300 3,300
Determine the net profits of the partnership
The major distinguishing element between the final accounts of a partnership and a sole trader is the
Advertising expenses incurred on a product in a business organization should be charged to
Four broad classifications of overheads are
Which of the following are advantages of departmental accounts?
