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what is the meaning of preliminary expenses and how you
shown in balance sheet
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Answer Posted / devang
preliminary expenses are the expenses which accure at the
time of starting of the business as registration fees.
basically it is amortize as per decided time by the company
and at the time when the expense accure it will treate as
current asset.
| Is This Answer Correct ? | 26 Yes | 28 No |
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