Interested to Buy Any Domain ? << Click Here >> for more details...
What do you mean by Preliminary Expences
- 7 Answers
- 15608 Views
- IBM, TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / saikrishna
before the incorparation of Buusines The ewpences that are
incured are colled preliminarey expences
| Is This Answer Correct ? | 17 Yes | 0 No |
Answer / nilesh
Preliminary Expenses are those, which are spend before the
incorporation of company. mostly these expenses are paid by
promoters and they are allowed to transfer those expenses to
profit and loss account after the incorporation of
business.these expenses can be written off in 5 installment
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / sunny
These are expences incurred by a business in the inception
and in the process of commensement of the new business.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / venkatesh
Preliminary Expenses are those Expenditure related to
incorporation or Formation of Company.
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / sunny
Preliminary expenses are those costs incurred by the
promoters, including the prospective business owner before
the incorporation of that business. In order words, they
are also called, pre-incorporation or pre-operational
expenses. They are normally shown as current assets in the
balance sheet of the business after incorporation and
written off in the profit and loss account for the period
of three years.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / guest
The expenses which had been incurred at the starting of the
business like advertisement expenses, printing etc these
come under Assets category
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / chandu
yes sir, preliminary expences are those expences which are
at time of incorporation of the business.
bumi puja and brocher preparation expences are best example
for prelimenary expences.
| Is This Answer Correct ? | 1 Yes | 0 No |
What is a TDS ?
If we follow accrual basis of accounting....will it be in conflict conservatism concept?
Which accounting systems are you familiar with?
what is sales life cycle???
How does the ration analysis help in depicting profit and loss
can a company libale to pay provident fund on employee's overtime ?
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
My brother studying B.Com(Comp)third year from Osmania University. He want to be settled in Accounts(Taxetion). Which subjects he have perfect to reach is goal. plz give ur good suggestions...
What is the difference between Depriciation and amortization?
BEP= Fixed cost/Contribution*sales .Any other alternative formula 4 BEP .
While preparing BRS, if we find difference in cash book with bank statement,we rectify the entries after that where it is posted which is rectifyed? it is posted in cash book or other separate book?
does all exp and all incomes appear in profit and loss a/c???
Audit 
