Appropriation, and current acocunts. Final prep sole traders and partnership
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ellie0708
Registered Posts: 2
Hi,
I'm doing self study - struggling to understand Appropriation, and current accounts.
For example why is salary, interest etc on debit side of Appropriation account?
Also same with current account why is drawings, capital PSR on sides they are?
Thanks in advance
I'm doing self study - struggling to understand Appropriation, and current accounts.
For example why is salary, interest etc on debit side of Appropriation account?
Also same with current account why is drawings, capital PSR on sides they are?
Thanks in advance
0
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