We are a Pvt ltd compnay acting as channal partners & distributors fo Mining Equipments & services. We have recently vetured into Mining equipment assembly at our warehouse. For this purpose we carried out photography of the entire assembly process. My question is under which nomenclature these event photography expenses be booked ?
14 May 2024
(Sorry for the delay...)
You can book it' normally as GENERAL EXPENSES.
But, If the value is huge then it is accountable in Asset head.
otherwise you can prepare separate ledgers as anyone of below:
->> Advertisement
->> Show Case Expenses
-->> Research and Development