Interested to Buy Any Domain ? << Click Here >> for more details...
what is the meaning of preliminary expenses and how you
shown in balance sheet
- 50 Answers
- 244427 Views
- Banking, BPL, CA, Capital IQ, Chartered Accountant, First Midwest Bank, GE, Glass Wall Systems, Ocwen, Siemens, I also Faced
- E-Mail Answers
Answer Posted / balaji ganesh
priliminary expenses are those expenses which are inncured for the development of business before its incorporation.
Its debited on profit and loss ac,and its shown on asset side of the balance sheet,where the value of the expenses is subracted(i.e credit aspect) from the profi of the businees,for the period of five year
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
how will i develop my fears in interviewd?
What are the question asked for accounts associate
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?
Expand---------PSRT
what do u mean by arrear basic or arrear hra?
Name some errors which can be detected by Trial Balance
which are the basic princeples of accountancy... with examples
Have you worked with other on team endeavors
Expand-------CSNA
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
what are the important steps to take during the conversion of an accounting system.
why are you selecting for the controlling area same company code?
how an accountant can do budgetery controls of expenses?
