In departmental accounts expenses like director fees, interest is transferred to ----------.
A. balance sheet.
B. trading account.
C. general P &amp; L account .
D. P &amp; L Appropriation account.
Answer:C
In departmental accounts expenses like director fees, interest is transferred to ----------.
A. balance sheet. B. trading account. C. general P &amp; L account . D. P &amp; L Appropriation account.