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vipca
May 28, 2010, 01:22 AM
Promoters pre incorporation contracts treatment in accounts

excon
May 28, 2010, 02:44 AM
Hello v:

Yes, you are correct.

excon

JudyKayTee
May 28, 2010, 08:58 AM
Hello v:

Yes, you are correct.

excon


Legally, I'm not sure. I think there can be exceptions, depending upon the State.

So I will say a very definite maybe.

(It is more helpful when OP posts the ENTIRE homework assignment but that, of course, would involve a little bit of work and "we" won't answer anyway.)