Hindi, asked by royal144shubham, 6 months ago

Why it is necessary to find out profit prior and after incorporation explain it in detail​

Answers

Answered by farmy6861
3

Answer:

Profit prior to incorporation is the profit earned or loss suffered during the period before incorporation. It is a capital profit and not legally available for distribution as dividend because a company cannot earn a profit before it comes into existence

Answered by daliprao1331
1

Profit prior to incorporation is the profit earned or loss suffered during the period before incorporation. It is a capital profit and not legally available for distribution as dividend because a company cannot earn a profit before it comes into existence

Similar questions