MCQOPTIONS
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| 1. |
Interest paid on debentures is shown in |
| A. | The profit and loss account |
| B. | The profit and loss appropriation account |
| C. | The liability side of the balance sheet under the head 'Current Liabilities' |
| D. | The balance sheet by adding to the debentures account |
| Answer» B. The profit and loss appropriation account | |