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Auditing

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19 February 2013 How to classify Pre operative expenses as per Revised schedule VI?
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CA Priyank Singhi

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CA Priyank Singhi (Expert)
20 February 2013 Unammortized preoperative expense can be disclosed as unammortized expense under the head Current assets / non current assets depending on the fact whether it will be written off in 12 months or not. If more than 12 months, then for 12 months Currents assets and for more than 12 months non current assets.
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Palle Ashok Reddy

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Palle Ashok Reddy (Querist)
21 February 2013 thank u sir :)
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