tretement of incorporation expense (preliminary exp)
This query is : Resolved
30 October 2017
This preliminary exp should be charged to p&l but if p&l not available only capital reserve is available than what will be treatment?
30 October 2017
Preliminary expenses should be charged to P&L fully as per AS-26. In case you have capital reserve, you can offset also.
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30 October 2017
Preliminary expenses should be charged to P&L fully as per AS-26. In case you have capital reserve, you can offset also.
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