Home » Classroom » JAMB Accounting 2021 Question

The excess of income over expenditure is usuall... - JAMB Accounting 2021 Question


The excess of income over expenditure is usually transferred to the

A
current assets in the balance sheet
B
profit and loss account
C
accumulated fund
D
current liabilities in the balance sheet
correct option: c
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses