Venture Capital Financing Cost- A revenue or Capital Exp.

This query is : Resolved 

18 August 2010 Dear All

Please let me know
1. the accounting treatment (revenue/Capital) of cost to acquire venture capital financing. My Clint has paid Rs 50.00 Lacs to consultants to acquire the Ventures Funds. I want know whether we should capitalized this or charge it to revenue?

31 August 2010 As per my knowledge sir it should be capitalized because it gives benefit to the business in long term





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