asked 214k views
1 vote
For for computation of pre-incorporation profit salary to vendor

2 Answers

10 votes

Answer:

vendor is. OTreated as pre-incorporation.

answered
User Rashmin Javiya
by
8.3k points
3 votes

Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

answered
User Marco Medrano
by
7.9k points
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