Profit and Loss(P/L) Appropriation Account(A/C)

P/L Appropriation A/C

As on …………………………

Particulars	Amount	Particulars	Amount
To Net loss b/d	XXXX	By Net Profit b/d	XXXX
To transfer to Reserve (Increase in reserves)	XXXX	By P/L appropriation A/c (P/L A/c) T/B. Cr. Side
To Tax paid (last year)	XXXX	By Provision for tax (if tax paid is given in T/B)	XXXX
To dividend (Proposed dividend) ( ……………… dividend)	XXXX	By Deficit (Balancing figure)	XXXX
To Surplus (Balancing figure)