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Indicate the item that appears in the surplus account

This question belongs to Commerce Accounting
Accounting
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Indicate the item that appears in the surplus account

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Correct Answer: Option A
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Remesh A
Remesh A 3 months ago
The correct answer is D. None of these✅

Reason:In the context of company accounts, the Surplus Account (Surplus in Statement of Profit and Loss) contains items such as balance of profit/loss, appropriations, and transfers to/from reserves.

A. Proposed dividend ❌
B. Provision for taxation❌
C. Contribution to provident fund ❌

Therefore, the correct answer is D. None of these
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