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what is the meaning of preliminary expenses and how you
shown in balance sheet
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Answer Posted / paddy
prelimianry expenses are the expenses which occur before
the formation of the comapnt and hence called preliminary
and are used for incorpaating a comapny and have to be
shown on the assets side under the miscellaneous
expenditure not written off..
| Is This Answer Correct ? | 5 Yes | 9 No |
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