An item that would be classified as preliminary expenses ...
An item that would be classified as preliminary expenses in a company's account is
Formation expenses
Administrative expenses
Distribution expenses
General expenses
Correct answer is A
Preliminary expenses are expenses expended in the formation of a company. They are referred to as formation expenses and it is a part of the fictitious assets of a company.
The class of shares to which payment of dividend depends on profit is ...
Which of the following is not an advantage of control account? ...
Shares are sold at less than nominal value. They are issued at a ...
Which of the following is not true of a partnership business without written agreement? ...
\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...