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Accounting Treatments of profit prior to incorporation

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(Querist)
27 February 2009 I have recently asked query about Accounting Treatments of profit prior to incorporation But if we suffers from loss what will be treatments
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
02 March 2009 it should adjusted in capital reaserve or goodwill.....
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saurabh jain

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saurabh jain (Querist)
05 March 2009
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