Home / Expert Answers / Accounting / i-frimpomaa-ltd-has-been-in-business-since-1-8-2000-making-up-accounts-to-31-5-each-year-due-to-a-pa159

(Solved): i) Frimpomaa Ltd has been in business since 1/8/2000 making up accounts to 31/5 each year. Due to a ...



i) Frimpomaa Ltd has been in business since 1/8/2000 making up accounts to 31/5 each year. Due to a misunderstanding between the two major shareholders the company was liquidated on 30/11/2005. The agreed profits for the last 2 and half years of operations are as follows: ₵ Year to 31/5/2003 15,500,000 Year to 31/5/2004 18,400,000 period to 30/11/2005 9,200,000 Required: calculate the assessable income for all relevant years.



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe