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Incorporation expenses

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Querist : Anonymous (Querist)
10 August 2011 what is incorporation expenses, and in which account head is to be assign to this?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
10 August 2011 When you form a new company the expenses incurred by you for the formation of the company is called incorporation expenses. These expenses includes expenses on drafting and printing of MA & AA, Fee to professionals, Fee to ROC Office and the same shall appear under the head Miscellaneous Expenses on Assets side of the Balance Sheet
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