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What is the treatment for PRELIMINARY EXPENSES?
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Answer Posted / venu
This is the expenses,which incurred for Formation and flow
of the comany..The expenses can include the Cost of
producing Procpectus,issuing shares and advertising
expenses..
Note:-What ever i gave example that is belong to shares,
These can be belong to assets also....
| Is This Answer Correct ? | 114 Yes | 30 No |
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