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Which of the following is found on the credit side of a profit and loss account?

Which of the following is found on the credit side of a profit and loss account?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Advertising
  • B Dividend received
  • C Wages and salaries
  • D Bank charges
Correct Answer: Option B
Explanation:
Dividend received as as revenue i.e income or money received in trading transactions. It is credited to the profit or loss account.

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