As per AS-26, preliminary expenses are to be written off in
the year in which it is incurred. How will you treat
Preliminary expenses in Cash Flow Statement of that year
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Answer / tejeswar reddy
Total preliminary expensed debited to p&l a/c should added to Net profit while preparing CFS
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As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How will you treat Preliminary expenses in Cash Flow Statement of that year
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