A COMPANY INCORPORATED IN NOV 2017 AND TILL DATE OPERATION OF BUSINESS NOT COMMENCENT .FOR STAT AUDIT F/Y 17-18 EXPENSES INCURRED SUCH AS AUDIT FEES TRAVELLING EXP RENT .OFFICE ETC SHOULD BE DEBITED IN PL ACCOUNT OR THE SAME SHALL CPAITIALISED UNDER PREMILINIERY EXP?
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Exp after incorportion
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will be debited to pl Account
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