Hi,
I have doubt, We paid 10k for Inauguration Album, in which a/c head will book it?
Thanks
faisal pari (Accountant) (46 Points)
30 November 2020Hi,
I have doubt, We paid 10k for Inauguration Album, in which a/c head will book it?
Thanks
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 30 November 2020
Photo/video shooting is your personal expense as there is no business transaction nor related to any economic activity/ benefit.
If you wish to advertise using those photos in the future- Expense under advertisement.
Does not qualify under pre-operating or start up expenses as well.