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Difference between charge aginst profit and appropriation of profit

Charge v/s Appropriation

Charge Appropriation
Charge against profit means the deduction of any amount from the firm’s revenue to reach Net Profit or Loss. Appropriation of Profit is the distribution of Profit
Hence, the Profit and Loss Account is prepared.Hence, the Profit and Loss Appropriation Account is prepared.
                                                                      

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