Grade 11 ieb - Accounting summary’s, Partnerships: T Accounts, and financial statements + year end division of profits to partners - this is summarized to help you go over everything on Partnerships for exams. Paper 1
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Drawings EJ x Balance (t) Bid x -
they are us year
Salary : A GJ G
Bonus : A E x
Remember I0( GJ x
Los
Trading Account
a Sales x PAL
Appropriation (1) ef x
PAL
TradingA
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i-
xpences
I comes
Appropraction a
Drawings : A
Appropriation Balance Bld 32
ils (reverses >
Profit + Loss() x Profit + Loss(t) o TlS >
-
Currentia <
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Salary : A a
B
Salary : x
Bonus : A current : Alt 32
IO((A+B) a Current : BC) x
Current : A(t) a
Salary : A
B (+)
Current : x
Current : A es
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