Preliminary expenses which we paid incorporate the company. 
that expenses shall be transfered to profit & loss a/c.for 
some years.so it will be in current asset.

Preliminary expeneses are the nature of fictitious assets. 
These are the formation expenses of the company before any 
operation of the busines held.  These are transferred to 
the profit and loss accounts  and written off every year 
from the profits of the business.  These expenses are shown 
on the assets of the balance sheet under the head 
misceallenous.

Expenses incurred before the commencement of the business 
are prelimary expenses  and same will be deferred over the 
period will be shown under Assets side of balance sheet as 
Miscellaneous Expenses (Asset).

Expenses which incur before yhe commencement of business 
and which has no asset value after the commencement, called 
priliminary expense

All expenses incurred before incorporation of the business 
is called preliminary expenses.It is show in the assets 
side of the balance sheet under the miscellaneous expenses.

Annual accounts of a limited company are filed with the 
registrar of companies and may be inspected by the public. 
There "published accounts" must comply with certain 
requirements, some of which are statutory and some of which 
are non-statutory. 

Thus, Preliminary expenses are revenue for the business and 
is recorded in the liabilites of the balance sheet.

Preliminary Expenses is the expenses incurred before the 
commencement of the company that beared by the promoters of 
the company for its incorporation. As it is considered as 
one of the fictitious asset of the company and is treated 
as deffered revenue expenditure because it derives benefits 
in the long run and thus written off every year on the 
asset side of the balance sheet

Those expenses which are incurred before incorporation of
the business are called preliminary expenses. It is shown in
Asset side of balance sheet. It is current Asset.

preliminary expenses are the expenses which accure at the 
time of starting of the business as registration fees. 
basically it is amortize as per decided time by the company 
and at the time when the expense accure it will treate as 
current asset.

in simple words espenditure which accure at the time of
formation of company . it shown in assets sides  under
misscellaneous head in balance sheet & cr. side of p&l

Expenses incurred prior to the incorporation of a company 
are called preliminary expenses.  They are ficticious 
assets appearing on the ASSETS side of the Balance Sheet. 
Every year a protion of them are written off from the 
profit and in the Balance Sheet the total amount of 
preliminary expenses is reduced by the amount of expenses 
written off.