Fines and penalties will be treated as:

Debited in financial P/L account

Credited in costing P/L account

Credited in financial P/L account

Debited in financial P/L account

Appropriations of profit appears in the:

Profit and Loss appropriation account

Depreciation on fully depreciated assets still in use.

Debited in financial P/L account

Profit and Loss appropriation account

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