#2 Profit Prior to Incorporation - Problem 1 -By Saheb Academy

This is the first problem of Profit Prior to Incorporation. In this video I have shown how to 1. Analyse and understand the question 2. Calculate ratios i.e. TIME RATIO and SALES RATIO 3. Divide the expenses and income into PRE & POST 3. Prepare Profit and Loss statement and find out Profit Prior to & Post Incorporation. After watching this video you will be easily able to prepare Profit and Loss Statement with two columns i.e. PRE and POST. This is for the students of B.COM, BBA, CA INTER and any other accounting courses which has this chapter in its syllabus. PREVIOUS VIDEO : CONCEPT    • #1 Profit Prior to Incorporation - Co...   Clear your doubts by direct messaging us on Instagram   / sahebacademy   Please Like, Subscribe and Share this video on your social media account. #company #corporateaccounting #bcom