Prior Period Exp.

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Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2011 What is Prior Period Exp. If i make ledger of Prior Period Exp.then It's goes under which head?

CS Bijoy (Expert)
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09 July 2011 According to me its mean expenses incurred prior to the commencement of business and it will go under the head "Preliminary Expense"

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2011 Thanks for your reply

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