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Teaching Accountancy Company Accounts Question Bank MCQ - Company Accounts

  • question_answer
    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

    Correct Answer: A

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