Posts Tagged ‘trust’

Trust Accounting Income

1. Leman Ltd has acquired 170,000 ordinary shares and 50,000 Preference shares, especially in the Tijah Ltd on January 1, 2007. At the time of possession, the Tijah Ltd has retained profit of RM30,000. I. On 1.01.2006 Kelam acquired 160,000 ordinary shares and 42,500 Preference Shares of Malam Ltd when the balances of the profit […]

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