what is the meaning of preliminary expenses and how you
shown in balance sheet
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Answer Posted / quamruzzaman
Preliminary expenses are the expenses incurred for the
formation of a company like registration, expenses related
to MA&AA. These expenditures are shown on balance and will
be reduced against profit of the company every year until it
diminished.
| Is This Answer Correct ? | 23 Yes | 11 No |
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