Preliminery expenditure-revised sch vi
This query is : Resolved
02 May 2012
Dear Experts, While Preparing B/s under revised Schedle VI under what head we have to disclose Unamortised portion of Preliminery Expeses, and also amortised portion in Statement of Profit & loss.
Guest
Guest
(Expert)
02 May 2012
It will come under "Other Assets". The amount to be amortized in the next one year shall come under 'Current' and balance under 'non current'
In PnL, it will come under 'other expenses'
In PnL, it will come under 'other expenses'
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02 May 2012
Thanks CA CS Ashwin.
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