MPR Sanjay Kumar (2979 Points)
27 October 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 27 October 2021
Just simply remember
All expenses that you have spent to establish a company is pre incorporation. Similarly, all expenses related to after incorporation are post incorporation. There is a list of them on google
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 27 October 2021
Your welcome. In your intangible assets chapter, you will find that pre operating, startup, daily operating expenses are expensed.
in your PPE chapter you will find what expenses are capitalised.
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 03 November 2021
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