CIMA Fundamentals of financial accounting BA3 Question # 39 Topic 4 Discussion

CIMA Fundamentals of financial accounting BA3 Question # 39 Topic 4 Discussion

BA3 Exam Topic 4 Question 39 Discussion:
Question #: 39
Topic #: 4

The record of how the profit or loss of a company has been allocated to distributions and reserves is found in the:


A.

Reserves account


B.

Appropriation account


C.

Capital account


D.

Retained profit account


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