preliminary expences are recorded in asset side of the 
balance sheet.

The preliminary expenditure to be recorded assets side of 
balance sheet under the head of Miscellaneous exepnces.

Preliminary Expenses are the expenses incurred during the 
establishment of a firm/Company.  These expenses have to be 
written off during a defined period of time 
proportationately- say 5 years or so.  This goes to the 
asset side of balance sheet.

Preliminary expenses are the expenses which we paid in 
advance but we does not take the benefits of these expenses 
at the time of their payment so these expenses become our 
assets.So preliminary expenses recorded at asset side in 
the balance sheet.

yes