Explain the various purposes for which profit prior to incorporation can be used?

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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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Explain the various purposes for which profit prior to incorporation can be used?

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Profit prior to incorporation also known as preincorporation profit or preincorporation income refers to any income or profit generated by a business before it is officially incorporated or registered ...View the full answer

Corporate Accounting

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