what is the difference between prepaid expenses and
preliminary expenses?

Answer Posted / manjugowda

prepaid expenses refers to payment of money in advance
before getting the benefit of it but preliminary expenses
refers to the expense which incurred by the company at the
time of incorporation and the utility of this expense
carries over a period of time and thats why it is not
completly written off in the bigging itself.

Is This Answer Correct ?    32 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Merger of SBS with SBI, point of in your view. is this good dicition or bad by cent. govt./sbi.

2306


Which newspaper do you read? Any latest news you can recall?

659


What Are Npas?

679


What is dematerialization?

616


What do you mean by 'capital expenditure'?

612






What is an overdraft?

661


Explain current ratio.

600


What are the latest changes taking place in the economy due to demonetization?

622


any political view

1413


What is more important work or money?

627


I am attending the interview in ICICI BANK i need the interview tips and questions

1649


Why bond prices are inversely related to interest rates?

567


Is there any ethical dilemma that the banks face?

723


Why do you banking as a career?

672


What is capital structure? What are the principles of capital structure management?

593