The distributable profit available to shareholders at the end of each year is the
A total profit and debtors balance
B general reserve and retained profit
C retained profit and fictitious assets
D total profit less creditors balance
Answer is D
Tutors, Past Questions and Projects.
The distributable profit available to shareholders at the end of each year is the
A total profit and debtors balance
B general reserve and retained profit
C retained profit and fictitious assets
D total profit less creditors balance
Answer is D
