As per AS-26, preliminary expenses are to be written off in
the year in which it is incurred. How will you treat
Preliminary expenses in Cash Flow Statement of that year



As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How ..

Answer / tejeswar reddy

Total preliminary expensed debited to p&l a/c should added to Net profit while preparing CFS

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