Hoarding board expenses
This query is : Resolved
Ajaya pandey
(Querist)
26 July 2016
Hoarding Board expenses incurred of 300000. Weather is it capital or Revenue expenses
Thanks in advance
Thanks in advance
27 July 2016
If the hoarding board is used for the purpose of advertisement of the company, it has to be shown as revenue expenditure under the head advertisement. If the payment for the hoarding board is made so that the same can be given on rent to any other company, it has to be treated as capital expenditure
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