Accounts
This query is : Resolved
10 July 2009
Whether Advertising expenses can be recognised as intangible asset as per AS26 ?
10 July 2009
hello!
para no. 56 of As 26 says that
sometimes it happens that co. may incures expenses but no intangible asset is created.
hence those expenses should be charged off to profit and loss account.
para no. 56 of As 26 says that
sometimes it happens that co. may incures expenses but no intangible asset is created.
hence those expenses should be charged off to profit and loss account.
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