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expenses incurred in the formation of the company are show
in :
1)debit side in the profit and loss a/c
2)as an assets in balance sheet
3) as an liabiliies in balance sheet
4) credit side in profit and loss a/c

Answer Posted / s.raja mohamed

1. Debite side of the profit and loss a/c.

Is This Answer Correct ?    4 Yes 4 No



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