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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2826)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4368)
Question
where does preliminary expenses put in the balance sheet?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
preliminary expences are recorded in asset side of the
balance sheet.
 
Is This Answer Correct ?    45 Yes 3 No
Balaji
 
Answer
# 2
The preliminary expenditure to be recorded assets side of
balance sheet under the head of Miscellaneous exepnces.
 
Is This Answer Correct ?    31 Yes 10 No
Kalyan Reddy
 
 
 
Answer
# 3
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.
 
Is This Answer Correct ?    26 Yes 5 No
Dhruba Sanjel
 
Answer
# 4
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.
 
Is This Answer Correct ?    13 Yes 5 No
Saluja.neetu
 
Answer
# 5
preliminary expenses put in the asset side of the balance
sheet.
 
Is This Answer Correct ?    5 Yes 0 No
Partha Sarathi Mohapartra
 
Answer
# 6
yes 
Is This Answer Correct ?    6 Yes 2 No
Anil Kumar
 

 
 
 
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