Capitalisation of expenses
This query is : Resolved
07 March 2016
Dear All,
Is capitalisation of business promotion expenses correct?If yes,then how do we capitalise it?
Is capitalisation of business promotion expenses correct?If yes,then how do we capitalise it?
07 March 2016
Dear
Business promotion expenses are not to be capitalised.they need to be expensed.
With the introduction if AS 26 the concept of deferred expenditure has been abolished.Hence no capitalization of required.
Business promotion expenses are not to be capitalised.they need to be expensed.
With the introduction if AS 26 the concept of deferred expenditure has been abolished.Hence no capitalization of required.
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