alleryA partner's salary, when provided in the deed, is
Atreated as drawings
Bcredited to the P&L Account
Cdebited to the P&L Appropriation Account
Dignored
Answer & Solution
Correct answer: C. debited to the P&L Appropriation Account
Partner's salary is an appropriation of profit, debited in the P&L Appropriation Account and credited to the partner.
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