Rajan a small scale industrialist decided toconvert his firm into a limited company with effect from 1st April 1996 but he obtained the certificate to commence business on 1st October 1996 his accounts were closed on 31 st December 1996 find out the time ratio for the purpose of advertising pre incorporation of profit
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sorry I don't know
I need points that's why I answered irrevalent answer
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Step-by-step explanation:
1.4.1996. - Jan,Feb,March ( 3 months)
1.8.1996. - April,may,June,July ( 4 months )
1.10.1996. - August, September (2 months )
31.12.1996. - October, November, December.
(3 months )
Ratio - 3:4:2:3
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