Which of the following items is not an appropriation of profit for a limited company?
A. Corporate tax payable
B. Ordinary dividend payable
C. Debenture interest payable
D. Preference dividend payable
Answer:C
Which of the following items is not an appropriation of profit for a limited company?
A. Corporate tax payable B. Ordinary dividend payable C. Debenture interest payable D. Preference dividend payable