pre incorporation expenses is revene or preliminary?
This query is : Resolved
06 September 2010
hello friends,
co. incorporated on 31/05/10.
follwing are the details of expenses incurred:
25/03/10: comm/brok on taking factory & office on rent: Rs.10000
31/03/10: stamp duty & regn. charges of lease agreemnt rs.10000
15/05/10: Incorporation expenses(roc,form1a, regn etc)Rs.10000
plz clarify whehter these are revenue expenditure(dr. to p/l) or preliminary expneses(deferred)
Waiting urgently for ur reply.
Thanks in advance
my id abhipcc@rediffmail.com
co. incorporated on 31/05/10.
follwing are the details of expenses incurred:
25/03/10: comm/brok on taking factory & office on rent: Rs.10000
31/03/10: stamp duty & regn. charges of lease agreemnt rs.10000
15/05/10: Incorporation expenses(roc,form1a, regn etc)Rs.10000
plz clarify whehter these are revenue expenditure(dr. to p/l) or preliminary expneses(deferred)
Waiting urgently for ur reply.
Thanks in advance
my id abhipcc@rediffmail.com
14 September 2010
pre incorporation expenses are preliminary expenses.
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