Working Capital

Save Share

This query is : Resolved

Kalpesh (Querist)
Follow

12 September 2008 If a Pvt Ltd company is firmed in 2006 and till the end of 31/03/2008 business is not stared and around 50 lac expenses are for plant and machienry and construction. They also have paid office running and other purchase of raw material & travelling marketing expenses around 20 lac. we can show expenses which for building and plan are in fixed assets but which other expenses are not for capital shows in working capital. my queary is can we show 20 lac as working capital and set off it when business start? or show in preliminery or pre operative expenses and take set off for next 5 years?

Kalpesh

Kalpesh (Querist)
Follow

20 September 2008 If a Pvt Ltd company is firmed in 2006 and till the end of 31/03/2008 business is not stared and around 50 lac expenses are for plant and machienry and construction. They also have paid office running and other purchase of raw material & travelling marketing expenses around 20 lac. we can show expenses which for building and plan are in fixed assets but which other expenses are not for capital shows in working capital. my queary is can we show 20 lac as working capital and set off it when business start? or show in preliminery or pre operative expenses and take set off for next 5 years?

Kalpesh

Kalpesh (Querist)
Follow

03 October 2008 RESOLVED

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now