Interested to Buy Any Domain ? << Click Here >> for more details...
where does preliminary expenses put in the balance sheet?
- 8 Answers
- 25066 Views
- Essar, Gopaljee, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
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 |
Answer / partha sarathi mohapartra
preliminary expenses put in the asset side of the balance
sheet.
| Is This Answer Correct ? | 12 Yes | 0 No |
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 |
Answer / sujit
It shows in the Asset side of Balance sheet under the head Misc Exps..
| Is This Answer Correct ? | 4 Yes | 0 No |
Journal Entries for Trade Discount, Cash Discount, Goodwill,
Expand C B D T
What is meant by budget? Explain briefly
what is the difference between saving a/c and current a/c.?
What are the things are not Included in Annual Reports?
ABC is a person he is paying rent every month last month he did not paid the rent and current month he paid this month rent and also last month rent. so now what is the journal entry?
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
Is Advertising expences treated as capital expenditure or deffered revanue expenditure
Can i clarify, whether VAT & Service Tax are Proffit & Loss A/c items (or) Balance Sheet Items.
what is outstanding expenses
Expand--------AA
What is the difference between balance sheet and profit and loss account?
Audit 
