Which of the following items is found in the profit and l...
Which of the following items is found in the profit and loss account of a company?
Proposed dividends
Transfer to general reserves
Director's remuneration
Proceeds from issue of shares
Correct answer is A
Proposed dividends (ordinary) is shown on the debit side of the profit and loss appropriation account of a company.
The major point of agreement carried by the partnership deed is? ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
A business should not lay claim to any profit before it is earned. This is in accordance w...
Goods returned to the supplier is recorded in the accounts as: debit ...
Recurrent expenditure are expenses for the period not exceeding? ...