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where does preliminary expenses put in the balance sheet?

Question Posted / sukumar saha

Answers were Sorted based on User's Feedback



where does preliminary expenses put in the balance sheet?..

Answer / balaji

preliminary expences are recorded in asset side of the
balance sheet.

Is This Answer Correct ?    56 Yes 3 No

where does preliminary expenses put in the balance sheet?..

Answer / kalyan reddy

The preliminary expenditure to be recorded assets side of
balance sheet under the head of Miscellaneous exepnces.

Is This Answer Correct ?    38 Yes 10 No

where does preliminary expenses put in the balance sheet?..

Answer / dhruba sanjel

Preliminary Expenses are the expenses incurred during the
establishment of a firm/Company. These expenses have to be
written off during a defined period of time
proportationately- say 5 years or so. This goes to the
asset side of balance sheet.

Is This Answer Correct ?    34 Yes 7 No

where does preliminary expenses put in the balance sheet?..

Answer / partha sarathi mohapartra

preliminary expenses put in the asset side of the balance
sheet.

Is This Answer Correct ?    12 Yes 0 No

where does preliminary expenses put in the balance sheet?..

Answer / saluja.neetu

Preliminary expenses are the expenses which we paid in
advance but we does not take the benefits of these expenses
at the time of their payment so these expenses become our
assets.So preliminary expenses recorded at asset side in
the balance sheet.

Is This Answer Correct ?    17 Yes 8 No

where does preliminary expenses put in the balance sheet?..

Answer / anil kumar

yes

Is This Answer Correct ?    8 Yes 4 No

where does preliminary expenses put in the balance sheet?..

Answer / sujit

It shows in the Asset side of Balance sheet under the head Misc Exps..

Is This Answer Correct ?    4 Yes 0 No

where does preliminary expenses put in the balance sheet?..

Answer / aslam

prepaid expenses under head of assets

Is This Answer Correct ?    0 Yes 0 No

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