Answer / surendra

It is an exp which is incurred by company before
incorporation of the comp.so it is in asset and we have to
shown on the asset side of b/S under intangible assets and
the same should wright off over a period of time through dr
to p&L Account.

Answer / 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)

matching concept

2 Answers   Capital IQ,

---

Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?

1 Answers   SK Engineering, TCS,

---

If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry

3 Answers  

---

Name three (3) equity security data points

2 Answers   Shore Infotech,

---

Tell me what do you think is bank reconciliation statement?

0 Answers  

---

what is debit note & credit note?

2 Answers  

---

Tell me do you have any professional experience of this field?

0 Answers  

---

Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense

1 Answers  

---

what is the value period of cheque?

12 Answers  

---

If a paid to b rs.1000 on behalf of c what is the entries in The books of a,b,c pls pass the entries

9 Answers   ABC, Accenture, Genpact, Goldman Sachs, JPMorgan Chase, Okaya, Triburg,

---

In sales entry, for sales tax what rule apples (real, nominal)

3 Answers   FIC,

---

Financial Accounting

0 Answers   Chartered Accountant,

---