2 years ago

The costs incurred before opening a business

1 answer:

8 0

The expenditure incurred prior to the incorporation of an enterprise is to be considered as a pre-incorporation capital expenditure. The expenditure incurred prior to the 'setting-up of business' is to be considered as a pre-operative capital expenditure.

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3 years ago

anson Corporation Co.'s trial balance included the following account balances at December 31, 2018: Accounts receivable $12,000

VashaNatasha [74]

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Current Assets = $85,000

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Balance Sheet (Partial)

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3 years ago

The costs incurred before opening a business​

The costs incurred before opening a business