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Payment of salaries to partners is
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 1991
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Payment of salaries to partners is
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A charge to profit and loss account
B
A charge to trading account
C
An appropriation of divisible profit
D
An appropriation of interest on capital
E
An appropriation of interest on current account
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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