WebFeb 24, 2024 · Balance of profits & loss account 2. Capital Reserve 3. Dividend Equalization Fund 4. Development Rebate Reserve 5. Profit Prior to Incorporation Select the correct answer from the options given below (A) 1, 3, and 5 only (B) 2 and 4 only (C) 1 and 3 only (D) 1, 2, 3, and 5 only Answer: (C) 1 and 3 only Question 12. Bonus issue can be made on WebApr 18, 2024 · MCQ's of Profit Prior to Incorporation Sem IV Mumbai University - YouTube 0:00 / 11:03 MCQ's of Profit Prior to Incorporation Sem IV Mumbai University 1,528 views Apr 18, …
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WebThe profit earned prior to incorporation i.e., 1.1.2004 to 31.3.2004 is known as PRE-INCORPORATION PROFIT, which cannot be taken as revenue profit, but is CAPITAL PROFIT. Such profit is to be transferred to CAPITAL RESERVE or may be used in writing down capital loss. When, there arises a loss in the pre-incorporation period, the loss should be ... WebMar 11, 2024 · Corporate Accounting (S.Y. B. Com) PROFIT PRIOR TO INCORPORATION (M.C.Q.) Dr. Kishor Jagtap Academic Excellence 22K views 2 years ago Valuation of shares by Yield Basis Method on Dividend... cheap b and b newcastle
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WebMar 9, 2024 · Gross profit prior to incorporation = 120,000 x 11/48 = $27,500 Gross profit after incorporation = 120,000 x 37/48 = $92,500 Question 2 A company was incorporated … http://jmpcollege.org/Adminpanel/AdminUpload/Studymaterial/profit%20prior%20%20to%20incorporation.pdf WebJul 22, 2024 · Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 7 Issue of Shares. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 12 Accountancy Issue of Shares MCQs Pdf with Answers to know … cheap b and bs in york