Which of the following is shown in the profit and loss appropriation account of a company
- interest charges
- depreciation
- directors emoluments
-
dividends
The correct answer is: D
Explanation
In general accounting, appropriation accounts are mainly prepared by partnerships and limited liability companies (LLCs). They are an extension of theprofit and loss statement, showing how the profits of a firm are allocated to shareholders or to increase reserves indicated in the balance sheet. it usually contains dividends, retained earnings, goodwill etc