Does interest on capital is appropriation or charge

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1359 Points Posted on 30 October 2021
does interest on capital is appropriation or charge??
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On 30 October 2021 at 14:34 Report
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My grammar is 💯 good I
7306 Points Posted on 30 October 2021

Both. It is taken to the income statement and appropriation accounting What is Profit and Loss Appropriation Account? - AccountingCapital

This is for partnerships. 

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On 30 October 2021 at 18:45

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