benefits and limitations of profit/loss prior incorporation
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A company comes into existence after its incorporation. Incorporation is the first step in establishing a company. The founders of a company need to keep certain preliminary documents ready before going for its registration. After applying for registration, the Registrar of Companies (ROC) issues the company registration certificate.
The company comes into existence after the issue of the company registration certificate. A company can commence its business and earn profits after its incorporation. Sometimes, a company earns profits when the founders do business in the company name before its incorporation, i.e. before receiving the registration certificate. Such profits are profits prior to the incorporation of a company
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seen any old lady? C) Tick () the correct alternative: a) Alicia looked after is the (i) the fishmonger (il) her brothe old lady. b) The queen's father had been a (i) medical man (ii) postman c) The king wanted to buy salmon weighing - a) a pound (ii)