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
- 244268 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 / noufal muhammed
Preliminary expenses is the expenses which are incurred prior to the incorporation of a company, such as legal expenses,registration fees and other promotional expenses.It will shown on the debit side of Profit & Loss Account and will be written off each year from the profit of the company.It's a current asset in nature and shown in the asset side of balance sheet under miscellaneous expenditure (fictitious asset).
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
can payorder be issued for outstation?if yes then how?should it be account payee?
Define the word Profit in terms of business
What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
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
Short Answer on ___________fluctuating capital
why you choose accounting as your career ? ?
what is the process of excise duty?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
what is portfolio Saint?
What is Merger?
