Pre- operative expense
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2015
what is the difference between pre-operative expenses and preliminary expenses???? and what is the treatment of the both??????????????????
02 December 2015
Pre operative expense means expense start before operation of business starts.
Preliminary expense means expense incurred on opening ceremony of business etc...
Accounting treatment is Pre Operative expense to be amortised in the 5 years (Depends on fact to fact)
Preliminary expense generally 5 yrs amortisation period.
Preliminary expense means expense incurred on opening ceremony of business etc...
Accounting treatment is Pre Operative expense to be amortised in the 5 years (Depends on fact to fact)
Preliminary expense generally 5 yrs amortisation period.
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