How do i prepare a profit and loss account for a new company using pre operational expenses of 10m and share capital of 90m?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
For a acquisition of fixed asset will be capitalized , through the amount of ann...
Posted by:
Dasarathi Rath
27-February-2014

Profit Analysis

Question added by Tosin Oluwafemi
Date Posted: 2016/03/10

Upvote (0) Views (3) Followers (1) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Why would a company use a form of long-term debt to capitalize operations versus issuing equity?
Top Answer: There are a lot of possible reasons. The corporate finance experts will talk about the cost of debt vers ... See More

Answers (2)
What is the Standard Presentation of profit & Loss Statement for a Costing Department?
Top Answer: The standard presentation is the preparation of profit and loss statement in accordance to standard of ac ... See More

Answers (17)
Young & jamison's modified cash-basis financial statements indicate cash paid for operating expenses of $150,0.
Top Answer: Option c: is correct beginning balance of prepaid5 plus total operating expenses cash paid150 minus endi ... See More

Answers (2)
Is a retailer's Interest Expense an operating expense or a non-operating expense?
Top Answer: in accounting terms interest expense is considered to be a financial expense, but in a broader way of ela ... See More

Answers (1)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.