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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.

Question Posted / vishnu kant mital


The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under ..

Answer / satishp

Pre liminary Expenses can be showned in pre operating
expenses

Is This Answer Correct ?    1 Yes 0 No

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