Accounting Standard for Revendue expenditure
This query is : Resolved
23 March 2010
Dear Expert
Which accounting standard should I go through for accounting of various revenue expenditure ?
Which accounting standard should I go through for accounting of various revenue expenditure ?
23 March 2010
you refer AS - 9 for the same
23 March 2010
AS-9 Deals with Revenue recognition and not with Expenditure..Please Apply the matching concept for revenue expenditure.
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24 March 2010
AS dealing with recognation of Revenue or expenses.the particular expenditure whether reveune nature or capital based on the case to case basis
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