Auditor's Remuneration treatment before commercial productio
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 July 2010
Hi, i would like to know, in case of a new company which has not start its commercial production, than admin expenses like salary, etc. & auditor's remuneration will be booked under what? how it will be presented in financial statement?
20 July 2010
They can be booked under pre-operative expenses which can be capiatlised when the commericial production starts.
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