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1 vote
1 vote
For for computation of pre-incorporation profit salary to vendor

User Avishekdr
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2 Answers

10 votes
10 votes

Answer:

vendor is. OTreated as pre-incorporation.

User Rashmin Javiya
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3 votes
3 votes

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

User Marco Medrano
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3.1k points