Accounts qsn

Others 636 views 2 replies

HELP!!!

Please classify into Capital/ Revenue/ Deffered Revenue and give reasons.

1) Legal expenses for income tax appeal

2) Training Expenses for employees for better running of machine.

3)Compensation recieved for loss of goodwill

waiting for replies.

Replies (2)

It depend upon nature of business. Pls clarify your business first

Sorry, they r just for CPT-Accounts preparation
What type will they be generally??

 


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