Accountancy, asked by sheebanartec, 5 months ago

Ganesh Ltd., was incorporated on 1st May 2006 to purchase the running business of Vinayak and Co., with effects from 1st January 2006. The company obtained certificate of commencement of business on 24th august 2006. Calculate the time ratio, if the accounts were finalized on 31st December 2006.

Answers

Answered by Anonymous

7

Answer:

time ratio if the accounts were finalized on 31st December 2006 is 4:5

Explanation:

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