Appropriation section of Partnership statement of profit and loss

This is how to prepare the appropriation section of partners Statement of profit and loss.

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	Tsh.	Tsh.	Tsh.
NET PROFIT			XXXXX
Add: interest charge on drawings
Partner A		xxxx
Partner B		xxxx
		xxxx	xxxxxxx
			XXXXX
Less: interest on capital
Partner A	xxxx
Partner B	xxxx	xxxx
Salaries to:
Partner A		xxxx	(xxxxx)
PROFIT to be shared			XXXXX
Share the profit by their ratio:
Partner    A (x/y )		xxxx
Partner     B (z/y)		xxxx	XXXXX

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