Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / nagalakshmi.k
ans:preliminary expenses is the fictitious assest.It is
shown in the asset side of the balance sheet,and also shown
in the profit&loss debit side it means it is shown in the
expenses side(indirect expenses)
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Tell us what is your proudest accomplishment?
what accounts payable applications are your familiar with?
What is mis report , how to prepare mis report for general ledger?
In which ways is math used in accounting
total assets are equal to total liabilities in final accounts ?why?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan
What is Time capital
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
Explain what is balance sheet?
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
What is good accounts Process & Execution capabilities?
How will service tax & excise be charged?
