Which of the following items are shown in profit and loss appropriation account?

Divided declared

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Discount on issue of shares

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Non-operating expenses

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Current assets

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Solution

The correct option is A Divided declared
Dividend is a distribution of available profits to the existing shareholders. It is not a charge to profit & loss. Declaration of dividend is an appropriation of profit and hence to be shown in profit & loss appropriation account.

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Similar questions

Under which head the following items of a financial company will be shown :

(i) Dividend received (ii) Interest earned (iii) Profit on sale of fixed asset and (iv) Profit on sale of investments, and (v) Refund of Income Tax.

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