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 subscription paid in advance is treated in the balance sheet of a club as? ...
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Which of the following is a real account item? ...
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