P & l appropriation
This query is : Resolved
25 May 2014
Anyone send me the P & L Appropriation items
which appears in Debit & Credit side
CA.Rashmi Billore
(Expert)
27 May 2014
P&L Appripriation is a Specific purpose account where Surplus profit is dispensed amnogst as dividend or used for future expansion.It may includes
In Debit side:
Transfer to general reserve, Used for dividend/Interim diviend/Proposed dividend,Dividend distribution tax, transfer to debenture redemtion account,
In credit side: Balance of last year,Profit of current year, excess provision written back or tax refund,amount withdrawn form general reserve.
In Debit side:
Transfer to general reserve, Used for dividend/Interim diviend/Proposed dividend,Dividend distribution tax, transfer to debenture redemtion account,
In credit side: Balance of last year,Profit of current year, excess provision written back or tax refund,amount withdrawn form general reserve.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
