Accountancy, asked by hyzam8329, 1 year ago

What are capital profit abd reseve profit on holding companies?

Answers

Answered by notoriousboy777
0

Answer:

Here is ur asnwer:

The amount of profit earned by the business from the sale of its assets, shares, and debentures is capital profit. If assets are sold at a price more than their book values then the excess of book value is capital profit.

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