generally managers commission is an appropriation ,payable only if profits are earned but in final accounts it appears in profit and loss a/c,shoudn t it appear in p & l appropriation a/c

Dear Student,
Profit and Loss Appropriation Account is prepared to record all the transactions that are related to the partners. However, manager's commission is something which is related to the managers. Thus, it will not be a part of P&L Appropriation Account.

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p&l appropriation a/c is for the distribution of profits among partners only.there fore manager's commission is not part of it.
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