Answer Posted / keerthi d&
Pre incorporation expences are,The expences incurred before
the company or a business entity's incorporation
(Registration).it can be Expences incurred at the time of
developing ideas for the establishment of a business
concern,expenditure incurred on the process of registration
of the concern etc..
pre incorporation exepences are to be recorded under the
head preliminary expences& losses at the assets side of the
balance sheet.these are deductable (to be set off)in the 5
subsequent years from the year of establishment. of
business.
| Is This Answer Correct ? | 53 Yes | 18 No |
Post New Answer View All Answers
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
Tell me how many types of business transactions are there in accounting?
What is the difference between costing and cost accounting?
What is cost accountancy? What are the objects of cost accountancy?
What Is Differ tax,
which report give the data of GL with materials details in sap?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
What is an accounting transaction?
Explain different branches of accounting?
Where do we create House banks and what is the process in sap fico
why you want to lecturer
Do you know public accounting?
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
Explain miscellaneous expenditures & profit and loss account debit balance
What is the difference of cost accounting and financial accounting?