Partnership Appropriation Builder | A Level Accounting 9706

📝 Step 1 — Firm Details

Firm Name

Year Ended

Net Profit for the Year ($) Before appropriation — from Income Statement

Currency Symbol

👥 Step 2 — Partners' Details

Add up to 5 partners. Enter each partner's name, profit-sharing ratio, salary, interest on capital rate, and opening balances. Leave fields blank if not applicable.

✨ Step 3 — Goodwill and Partnership Change (Optional)

Partnership changed this year — apply goodwill two-step treatment

💸 Step 4 — Drawings and Interest on Drawings

Enter each partner's drawings for the year. Interest on drawings (if charged) reduces the partner's share and is added back to profit available for appropriation.

📊 Appropriation Account

🏦 Partners' Capital Accounts

📒 Partners' Current Accounts

📌 Key Accounting Points

🎯 Partnership Accounts Quiz

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