hi,
Im working in a service indusrty as accounting executive.
Pls provide guidlines for pre-incorporation accounting
Sushant Shinde (Accounts Executive) (24 Points)
20 February 2010hi,
Im working in a service indusrty as accounting executive.
Pls provide guidlines for pre-incorporation accounting
sanjoy saha
(student)
(126 Points)
Replied 20 February 2010
It wil be better if you go through the study material of IPCC or consult Shukla's book on this topic. After studying if you have any querry you can post it in the forum and will be answered accordingly?
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 20 February 2010
pre incoroporation situation arises when a company takes over a running business ..p&l account is prepared as usual with apportionment of expenses as pre and post based on time or other suitable basis depending upon the nature of expenses