Expenses head

This query is : Resolved 

18 June 2009 Dear expert,
Please inform, if we are subscribed for two years for any magzine, under which head this exp.can be taken.

18 June 2009 differed revenue expenditure

18 June 2009 Dear Gopal
Expences on Periodicals, Magazines etc. are allowed 100%, if 2 years subscription is not a big amount then entire expences u can debit to the Newspaper,Periodicals & Magazines A/c


19 June 2009 Total amount is Rs. 1500/-.

Can I debit entire amount under the head of news paper & periodical Exp for the current year.


19 June 2009 Yes.
You can.



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