what is the meaning of preliminary expenses and how you
shown in balance sheet
Answer Posted / amala albert
Preliminary expense is a pre opening expense. It is a
Fictitious asset.(Fictitious Assets means these assets are
nothing but the unwritten off losses or non-recoupable
expenses)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is Direct Debit
Expand MNS
reason for difference in Balance sheet (Asset side & Liabilites side)
intorduse your self ? what to say if iam fresher.
What is the difference between income statement & Profit&loss A/c?
What is invoice accounting rules?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
let me know the meaning and Nature of cash
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
which are the basic princeples of accountancy... with examples
Feature of Master letter of credit of Garments manufacturing company?
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
why cost center is assign to gl account in sap