Concept:Partnership final accounts contain an extra section that shows how net profit is shared among partners.
Explanation:A sole trader owns the whole business, so no separate account is needed to divide profit.
A partnership has two or more owners, so profit must be shared according to their agreed ratio.
Because of this, a partnership prepares a Profit and Loss Appropriation Account after the Profit and Loss Account.
This Appropriation Account records items such as interest on capital, interest on drawings, partners' salaries, and the final sharing of remaining profit.
It appears only in partnership final accounts and not in the final accounts of a sole trader.
Drawing accounts and capital accounts are not the major difference, because a sole trader also has them.
Therefore, the main distinguishing element is the Appropriation Account.
Answer:D. Appropriation account