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Company Appropriation Account

The document is a profit and loss appropriation account that shows the company's net profit for the year, taxes paid, profits remaining after taxes, additions of undistributed profits from previous years, and appropriations of the profits including transfers to reserves, write-offs, proposed share dividends, and preliminary expenses, resulting in the retained earnings remaining.

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0% found this document useful (0 votes)
1K views1 page

Company Appropriation Account

The document is a profit and loss appropriation account that shows the company's net profit for the year, taxes paid, profits remaining after taxes, additions of undistributed profits from previous years, and appropriations of the profits including transfers to reserves, write-offs, proposed share dividends, and preliminary expenses, resulting in the retained earnings remaining.

Uploaded by

PBGYB
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Profit and Loss Appropriation Account for the year ended..

$ Net Profit Less Corporate Tax Profit after Tax Add Undistributed Profits $ $ xxx xxx xxx xxx xxx Less Appropriation: Transfers to reserve: o General o Fixed Asset Goodwill Written off Proposed Dividends: o O/ Share o P/ Share Preliminary Expense

xxx xxx

xxx xxx

xxx xxx

xxx xxx

(xxx) xxx

Retained Earnings at

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