Which of the following is not an item in the profit and loss account? By: Sunday|Published on: Mar 21|Categories: Accounting WAEC| 0 comments A. drawings B. interest C. salaries D. bad debts Correct Answer: Option A A. drawings Users Also Read These:An item that would be considered a first charge…The balance of profit and loss account will be?How much is charged to the profit and loss account for 1990?Revenue is recognized in the profit and loss account…An item of appropriation in partnership profit and…SEE ALSO Prepayment is treated in the balance sheet of firm as a?