what is the meaning of preliminary expenses and how you
shown in balance sheet
Answer Posted / balaji ganesh
priliminary expenses are those expenses which are inncured for the development of business before its incorporation.
Its debited on profit and loss ac,and its shown on asset side of the balance sheet,where the value of the expenses is subracted(i.e credit aspect) from the profi of the businees,for the period of five year
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Pls Explain Accounting Standered 1,3,11,29
Expand---------PCDB
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
What is Financial planning?
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
How can i do the entry of of service tax in tally.
What is Merger?
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
what do you mean indirect expanse in trading business?
with out college degree con't we dc accounting job?
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
Expand-------MTRS
How can we calculate the total income of the company.