Type of expenditure

This query is : Resolved 

19 November 2013 Cost of tour abroad by the sales manager to develop markets (tour was successful) is
Capital expenditure
Revenue expenditure
Defferred revenue expenditure
BOth a&b

PLs ans with xplaination.

20 November 2013 Revenue Expenditure

As per Para 56 of AS 26 you can not capitalize & defer the exps



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