Easy Office
LCI Learning

Tretement of incorporation expense (preliminary exp)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 October 2017 This preliminary exp should be charged to p&l but if p&l is not available, only capital reserve is available than what will be treatment?
Profile Image

CA Amrita Chattopadhyay

Profile Image

CA Amrita Chattopadhyay (Expert)
31 October 2017 Show it as the preliminary expenses (asset) and then amortize the expenses over a period of 5 years.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links