pgbp

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44 Points Joined September 2016
why pre-incorporation profit are taken into account but pre-incorporation losses are not taken into account
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On 23 October 2016 at 13:29 Report
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bhopal
16 Points Joined November 2011
Loss prior to incorporation” is treated as a capital loss and, hence, the same is shown under the head “Miscellaneous Expenditure” in the assets side of the Balance Sheet.
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On 24 October 2016 at 09:32


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