Accounting adjustment/entry

S .Ghosh (audit assistant) (258 Points)

13 November 2014  

Dear

Members

The assesse a partnership firm started its Operation in july`2013. It incurred a cost of Rs 12,71,000/- Appx. in F.Y 2012-13 which includes 

Rent of the building,Electrical fittings, signboards,and Other Furnishing work.

The Issue is:-What would be the treatment of those revenue expenditure

Building Materials like Marbel etc used for furnishing the Mall what would be the treatment in F.Y. - 2013-14