Promoters pre incorporation contracts treatment in accounts

Hello v:

Yes, you are correct.

excon

Quote:

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Originally Posted by excon

Hello v:

Yes, you are correct.

excon

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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.)