Appropriation Account Kudu Wale Interest on capital 750 550 Salaries 800 600 Share of profits…

Accounts - Principles of Accounts JAMB 1999

Appropriation Account

Kudu Wale
Interest on capital 750 550
Salaries 800 600
Share of profits 3,300 3,300
Determine the net profit of the partnership.

  • N 9,300 checkmark
  • N 6,600
  • N4,850
  • N 4,450

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment