Question:medium

Appropriation of profits is shown under which account?

Show Hint

Do not confuse expenses with appropriations. Expenses (like salaries and rent) are deducted to calculate net profit, while appropriations (like dividends and reserves) show how you use that net profit.
Updated On: Jun 17, 2026
  • Cost Sheet
  • Process Account
  • Profit and Loss Account
  • Profit and Loss Appropriation Account
Show Solution

The Correct Option is D

Solution and Explanation

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