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Profit earned before incorporation should be credited to

1.Profit & Loss account of the transferor.2.Profit & Loss account of the transferee.3.Capital Reserve.4.None of these

Financial Reporting Financial Accounting Financial Analysis
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Question added by Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC
Date Posted: 2014/04/25
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Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

4.None of these

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