what is correct accounting treatment for preliminary exps and
pre-operative Expsas per AS 26? or any other applicable AS?
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what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
analyses of Cost control
The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under the head MISCELLANEOUS EXPENDITURE in Assets side of Balance Sheet. Now where to show these expenses under revised Scheduke VI.
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