answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why are partners salaries charged in the appropriation account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is interest on partners loan a part of appropriation of profit?

Interest on loan to a business is a finance cost. Irrespective who the loan is coming from, the cost of sericing the loan, that is, the interest, is to be charged in the Income Statement. In theory it is not an appropriation (division) of profit.


Which step of the necessary expense test ensures that the expenditure be necessary and incident to the proper execution of the general purpose of the appropriation?

The expenditure must bear a logical relationship to the appropriation sought to be charged


If your bank account says EFT Charged Off does this mean that the account is closed?

If an account is charged off it is automatically closed. It is listed as uncollectable debt.


Do you get charged for creating an itunes account?

No.


Can a company who bought a charged off account try to collect interest on the account?

Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.


Bank account debt collection?

I have a charged off account at the bank of 146.00 how do I pay that off when I'm unemployed I have a charged off account at the bank of 146.00 how do I pay that off when I'm unemployed


Can you still be charged any fees after you close a credit card account?

You can be charged any fees that were applicable to the account when it was still open. Yes, fees and interests will still be applied as long as there is an account balance.


Will you get charged for deleting you Google account?

no its all free


Are you being charged for this account?

no, WikiAnswers is free to the public


Can you get charged for making a fake twitter account?

Yes


Are you charged when you are subscribed to Nickcom?

Oh no. There is no money. No money when you make an account. But, you do get charged if you want to buy NickArcade.


When you become a VIP member of the site IMVU will it automatically be charged to your account?

No its Charged after your Month or year or whatever