Interested to Buy Any Domain ? << Click Here >> for more details...
What is the treatment of preliminary? is this current assets?
- 1 Answers
- 4731 Views
- I also Faced
- E-Mail Answers
Answer / h.r. sreepada bhagi
Full name is Preliminary Expenditure. It's neither a Current
Asset of Fixed Asset. It's shown separately on the Assets
Side (In vertical Balance Sheet below Application of Funds)
under the head 'Miscellaneous Expenditure not written of or
adjusted' The amount is written off every year as per the
provisions of applicable Law.
| Is This Answer Correct ? | 8 Yes | 0 No |
How to void a payment
define SOX
On receive of Import material & to book purchase value, any form require from Importer / Clg. & Fwdg. Agent
What are the accounting entries for branch accounts?
What a deferred asset is and give an example?
what is the entry for toll gate fee
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
What is general ledger account?
Tell me what is reversing journal entries?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
what is an acquisition?what is merger?
Audit 
