Accountancy, asked by noorainumair57, 16 days ago

what ratios normally used to apportion pre - post incorporation incomes and expenses??​

Answers

Answered by Anonymous
7

Answer:

Time basis

For example, if the time of the pre -incorporation and post-incorporation period be 3 months and 9 months respectively, the profit or loss for the whole period would be apportioned between the two periods in the ratio 3 : 9, i.e. 1 : 3.

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