Interested to Buy Any Domain ? << Click Here >> for more details...
In which expense we book the expense related to
certification of ISO 9001 certificate & consultant fee.
- 3 Answers
- 36450 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
It can be booked in 'Legal & Professional Charges' A/c under
Expenses. This will be charged off to P&L A/c of the
relevant period.
However, if the expense is very huge & will impact the P&L
A/c of the year of expense, it can be deferred for more than
one year also.under the head 'Deferred Revenue Expenditure'.
Balance not charged off at the end of the accounting period
will be shown in the Balance Sheet under 'Miscellaneous
Expenditure' Not written off or adjusted.
| Is This Answer Correct ? | 14 Yes | 4 No |
Post New Answer View All Answers
What are the different branches of accounting?
When we paid TDS on commission how will journal entry come
In accounting, vat abbreviates what?
What are the 4 phases accounting?
what stock transfer applicable in sister concern unit.
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
What is an interlocking accounting system?
Tell us do you have any professional experience of this field?
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
What are accounting rules called?
what are the limitations of accounting ratios?
which type of questions did HR Manager ask and what are the answers
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
input vat, wht use in wct
Can you please explain the difference between differentiate between consignor and consignee?
