The profit earned after incorporation
Answers
Answered by
1
Answer:
Revenue profit
Explanation:
Profit earned after incorporation is revenue profit, which is available for dividend. Profit of prior period and post period however divided separately because the prior period profit and loss hence always credited and charged from capital reserve A/c
Similar questions
History,
2 months ago
Math,
2 months ago
Math,
5 months ago
Business Studies,
5 months ago
Computer Science,
10 months ago
English,
10 months ago
History,
10 months ago