guidlines for Pre-incorporation accounting

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?

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