CAN PRE OPERATIVE EXPENSES BE CAPITALISED? IF YES, HOW CAN
IT BE DONE?
Answer Posted / murugesan
YES MR.ABHUSHEK SAID IS CORRECTLY,
I GUESS PEOPLE ARE REALLY CONFUSED WHETHER PRE OPERATIVE
EXPENSES SHOULD BE CHARGED TO P/L OR ITS SHOULD BE CAPITALISED.
ACCORDING TO ME,PRE OPERATIVE EXPENSES SHOULD BE CAPITALISED
IF IT IS OF CAPITAL NATURE OR ELSE CHARGE TO P/L AGAINST
PROFIT OF THAT same YEAR ,
every one has to understood this before accounting.
| Is This Answer Correct ? | 4 Yes | 9 No |
Post New Answer View All Answers
Expand---------BPCD
Should I have perfect credit score, that is, above 800 credit score?
give me only one transactions in both side (debit&credit) should be in real accounts
While selling fertilisers can we charge VAT on excise duty.
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
please give the sbi bank clerk exam paper model in last five years?
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
A----------involves transfer of money or moneys worth from one person to another
Tell me the steps for Import and Export Thanks
What is the definition of LOSS. Give the formula if any.
how history is helpful for banking?
why may types of accounts
I want to know with example of vat & Salestax