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Journal entry and its effect

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 February 2015 hello experts,
what is the journal entry of preliminary expenses on the incorporation of the company and how it will give effect to the same on the director who paid the whole expenses on behalf of the company as pre - incorporation expenses
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NAVEESH DHAR

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NAVEESH DHAR (Expert)
09 February 2015 Preliminary Expenses (under Misc Exp.- Assets head) A/c. Dr. Xxxxxx

To Director A/c. Xxxxxx

Detail of preliminary expenses is required to be given in separate annexure. (head-wise)
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