Pre-operative expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 April 2016
Dear Expert,
If a company has not yet started commercial production, but has done one single transaction of trading in the year. would expenses be categorized in pre-operative expenses or will be charged against profit as revenue expense?
If a company has not yet started commercial production, but has done one single transaction of trading in the year. would expenses be categorized in pre-operative expenses or will be charged against profit as revenue expense?
04 April 2016
It will be categorized as pre-operative expenses.
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