what is the meaning of preliminary expenses and how you
shown in balance sheet
Answer Posted / jagannath c v
Expenses incurred before the commencement of the business
are prelimary expenses and same will be deferred over the
period will be shown under Assets side of balance sheet as
Miscellaneous Expenses (Asset).
| Is This Answer Correct ? | 269 Yes | 43 No |
Post New Answer View All Answers
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
whst is detailed information aboutaccounting standards 20to 29
what do Loan Loss Coverage Ratio mens describe it with examples?
What is corporate restructuring?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
Define control account Thanks
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
what is mean by provision ? give me examples ..
what is non stock?
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.
What are the question asked for accounts associate
i want report country wise with invoice number for gl account