What is the treatment for PRELIMINARY EXPENSES?
- 27 Answers
- 76636 Views
- Capital IQ, Franklin Templeton, I also Faced
- E-Mail Answers
Answer Posted / narendra kumar
Priliminary expances are kind of huge expences(Ex.- project appraisal,
documentation, legal charges,cunsultancy fees etc.) which occured before the
business started functing. These expences are for the standing of business unit
and off course, the benefit of which will be ripe continuously in future. It has a
special nature of an asset in financial statements and as per prudent accounting
principal should be write off in P&L A/c in a defferd way over the years.
| Is This Answer Correct ? | 93 Yes | 19 No |
Post New Answer View All Answers
what is the use of special general ledger if the normal trasaction in usage.
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
recently release the 6.0 version not succede in the market why?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
Expand ----------GIDB
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
What is cash clearing account
how to entry in tally for other person check received
what is the system of accounting and banking in cooperative bank?
Entrance Exam question & Answer required
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
can any one send me payables real time scenarious or any projects
With a 600 credit score, how to improve my credit rating score?
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
please provide wct retun guide line how can prepaire that
