AS-26 Preoperative expenses


This query is : Resolved 

(Querist)
26 April 2010 Hiii

i want to know tht what will be the treatment in the following case:

Company incurred expenses on recruitment, audit consultancy,etc.before staring the business , company has not yet commenced business so what accounting treatment will it give and under which AS or guidancde notes

CA Shiv (Expert)
26 April 2010 show in assets and amortise over a period of time....


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