For dividing the profits and reserve into capital and revenue the deciding factor is _____
a) date of Balancesheet b) date of acquisition of shares
c) date of consolidation d) none of the above
Answers
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Answer:
d:none of the above. answer
Answered by
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Answer:
There is no such deciding factor for dividing the profits and reserve into capital and revenue.
Explanation:
Revenue is defined as the amount that an entity establishes from a business benefit for a period of time. Revenue is used to meet emergencies and goals of small projects that help expand the business.
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