Profit prior to incorporation is A. Debited to Goodwill Account B. Credited to General Reserve Account C.

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Profit prior to incorporation is
A. Debited to Goodwill Account
B. Credited to General Reserve Account
C. Credited to Capital Reserve Account

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 17, 2023 02:29 PM

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Profit prior to incorporation is A. Debited to Goodwill Account B. Credited to General Reserve Account C.

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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