Principles of Accounting: The Appropriation Account
ZIMSEC O Level Principles of Accounting: Accounting for Partnerships:The Appropriation Account
- Apart from a few nuances partnerships prepare normal financial statements
- These are almost indistinguishable from those of Sole Traders
- They include the usual Income Statement ( Trading and Profit and Loss Account) and the Statement of Financial Position
- If this is a manufacturing partnership the Manufacturing Account is […]