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 Is underwriting commission paid prelimina...

 Is underwriting commission paid preliminary expenses?

 Is underwriting commission paid preliminary expenses?

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Jeeba Aug. 04, 2018

Since a company can issue its share after the completion of its registration procedure.

It is a cost for the issue of shares once a company gets its own legal identity. It is, therefore, underwriting commission and brokerage paid for shares and debentures should not be included under the head preliminary expenses.

 Is underwriting commission paid preliminary expenses?

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