As per AS-26, preliminary expenses are to be written off in
the year in which it is incurred. How will you treat
Preliminary expenses in Cash Flow Statement of that year
- 1 Answers
- 4886 Views
- I also Faced
- E-Mail Answers
Answer Posted / tejeswar reddy
Total preliminary expensed debited to p&l a/c should added to Net profit while preparing CFS
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Tell me what are the key tasks for account executive?
What is deferred account?
What is meaning of invoice?
how calculate intrest on advance tax ? and penalty on vat?
What is liabilities and what all does include in current liabilities?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What are the advantages of computer accounting over paper accounting?
Do you know the term account payable?
In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
how to account branches in tally
Tell me by saying, perpetual or periodic inventory system; what do we mean?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
Explain me some of the examples for liability accounts?
What is Provision Entry
