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Preliminary expenses

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07 September 2012 Sir,
A pvt. ltd. company has been created on 28/12/2011.So while forming its Balance Sheet
according to new schedule VI,please tell where preliminary expenses should be shown,if there are no reserves & surplus and miscelleneous items head?
Kindly help me to find the correct solution.
Thank you.

07 September 2012 new schedule wise preliminary exp full amount booked in pl a/c

07 September 2012 You need to write off the Full amount as in Revised Schedule vi its not permissible to show it




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