Profit and Loss Appropriation Account for the year ended March 31, 2018 |
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Dr. |
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Cr. |
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Particulars |
Amount Rs |
Particulars |
Amount Rs |
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Interest on Capital A/c: |
|
Profit and Loss A/c |
1,20,000 |
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Bhanu’s Current A/c |
80,000 |
|
Interest on Drawings A/c: |
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Partap’s Current A/c |
1,00,000 |
1,80,000 |
Bhanu’s Current A/c |
3,750 |
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|
Partap’s Current A/c |
7,500 |
11,250 |
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Loss transferred to |
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|
Bhanu’s Current A/c |
24,375 |
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|
Partap’s Current A/c |
24,375 |
48,750 |
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|
|
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1,80,000 |
1,80,000 |
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