Q: Dravida Nadu Enterprise decided to convert his firm into a limited company with effect from 1 st April 1996. But he obtained the certificate of
Dravida Nadu Enterprise decided to convert his firm into a limited company with effect from 1st April 1996. But he obtained the certificate of incorporation on 1st August 1996 and certificate to commence business on 1st October 1996. His accounts were closed on 31st December 1996. Work out time ratio for ascertaining pre-incorporation profit.
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