Explain the term Profits Prior to Incorporation.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Posted: Sep 01, 2023 05:00 AM

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True and False. Profits prior to incorporation are capital profits and are not available for dividend.
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Explain the term Profits Prior to Incorporation.

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Profits Prior to Incorporation PPI is a financial term that refers to the earnings or profits generated by a business entity before it officially inco...View the full answer

Corporate Accounting

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