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What is the treatment for PRELIMINARY EXPENSES?

Answers were Sorted based on User's Feedback



What is the treatment for PRELIMINARY EXPENSES?..

Answer / kaseeswar

The expenses which are must to run the company

Is This Answer Correct ?    0 Yes 1 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / di

Preliminary expenses are heavy advertisement expenses incurred before incorporation of a company

Is This Answer Correct ?    0 Yes 2 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / lalit sharma

thease expenses are spend in the starting of business.and it
is shown in the dr. side of p&l a/c.and it is written off
every year.

Is This Answer Correct ?    3 Yes 7 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / tapas kumar debnath

It should be written off through Profit and Loss Account
over the number of years gradually after calculating the
net profit.

Is This Answer Correct ?    1 Yes 5 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / himanshu bansal

priliminary exps is a exps which is incured in formation of
a firm,like advertisement and all.thats why it goes in
balance sheet, assets side,in current assests.

Is This Answer Correct ?    2 Yes 10 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / gayatri jadhav

PRILIMINARY EXPENCES ARE WRITTEN OFF AFTER PROFIT
CALCULATION

Is This Answer Correct ?    20 Yes 66 No

What is the treatment for PRELIMINARY EXPENSES?..

Answer / shaik bajivali

THIS EXPENSE HAS TO BE POSTED IN THE DR SIDE OF PROFIT AND
LOSS ACCOUNT

Is This Answer Correct ?    37 Yes 119 No

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