28 February 2018
Why is it that Bad debts recovered,interest on investments and Loss on sale of investments are recorded in the pre incorporation period?
03 March 2018
BAD DEBTS RECOVERED INTEREST AND LOSS IS NOT ALWAYS PRE ITEMS ITS DEPEND ON SITUATION IF INTEREST IS PAID BEFORE INCORPORATION OR INVESTMENT IS SOLD BEFORE THAT PERIOD THAN ONLY IT BECOME PRE ITEM LIKE DEBENTURE INT. IS ALWASYS POST BECOZ DEB ONLY CO. CAN ISSUE BUT INTEREST CAN BE PRE & POST FOLLOW MY ID U CAN GET SOME IMPORTANT NOTES FROM THERE
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