Which of the following does not appear on the debit side of a company’s profit and loss appropriation account?

By: |Published on: Aug 18|Categories: Accounting WAEC| 0 comments

A. company tax
B. unappropriated surplus
C. proposed dividend
D. transfer to rserve
E. interim dividend paid

Correct Answer:

Option A – company tax

Users Also Read These:

SEE ALSO  Bariga; a stock broker bought stationery for N12000 by cash. To record this transaction; debit?

Copyright warnings! Do not copy.