what is the meaning of preliminary expenses and how you
shown in balance sheet

Answer Posted / quamruzzaman

Preliminary expenses are the expenses incurred for the
formation of a company like registration, expenses related
to MA&AA. These expenditures are shown on balance and will
be reduced against profit of the company every year until it
diminished.

Is This Answer Correct ?    23 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.

1719


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

1831


how to download online - old ECR CHALLANS

4412


Expand---------NMOP

1597


Please explain a Representative Personal Account.

1602






what is meant by cash purchase?

907


how to do finalisation account ,pls tell me step by step ?

2047


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2061


If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

1640


In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

1520


Why we reconcile our debtors? what steps we taken during reconciliation.

1592


commisiion recieved journal entry and receipt required

1011


Do v call director in the partnership firm?

1726


What is Home Loan Modification?

1717


What will be the consequences if the partnership is not registered

1488