Interested to Buy Any Domain ? << Click Here >> for more details...
what is the meaning of preliminary expenses and how you
shown in balance sheet
- 50 Answers
- 245910 Views
- Banking, BPL, CA, Capital IQ, Chartered Accountant, First Midwest Bank, GE, Glass Wall Systems, Ocwen, Siemens, I also Faced
- E-Mail Answers
Answer Posted / quaser hussain syed
before installation of company expenses is called
preliminary expenses.which can be written off in following
years.
journal entry:
1.preliminarily expenses a/c dr
to cash a/c
group: miscellaneous exp (asset) asset side in balance sheet
group: cash in hand
2. preliminary exp written off a/c dr
to preliminary expenses a/c
group: indirect expenses
group: miscellaneous exp (asset)
this is the solution for this operation.
my answer is 100% correct
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
please give me a last 10 years sbi clerk question and answer paper
with out college degree con't we dc accounting job?
what is non stock?
What is 100% EOu? what is the benifit and what is difficulty of it?
Short Answer on ___________fluctuating capital
Anyone whose sbi interview has been over , please share all the question asked by them
please send me some previous sbi clerical interview questions to my email id....
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
when calculating for np% do i include interest or do i take it off
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
INTE3RNATIONAL ACCOUNTING STD
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
