Appropriation Account - Partnership (General Ledger) | FULL Example
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Appropriation Account - Partnership (General Ledger) | FULL Example
In this accounting lesson, we explain what the appropriation account for a partnership is, and why we complete it. We also go through an example of how to do the appropriation account in the general ledger (T Account) of the partnership. We calculate interest on capital, interest on current account, interest on drawings, and partner's share of ...
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