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Preliminary expenses

This query is : Resolved 
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(Querist)
13 June 2012 Where to show Preliminary Expenses w/off in the P/L a/c as per Revised Schedule VI
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Sanjay Chauhan (IFRS)

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Sanjay Chauhan (IFRS) (Expert)
14 June 2012 Include it in Other Assets.

Exceprt from Guidance Note:
"Incorporates current assets that do not fit into any other asset category. (Specify Nature)"

Park the portion that will be amortised in next 12 months in Current and Balance in Non current.
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