Brand Presentation in Balance Sheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 February 2011
i have made expenditure for creation of brand under which our products are sold in the market.
My question is where to show such expenditure in balance sheet / P&L i.e. full treatment of such expenditure.
Whether it can be shown as Intangible assets under fixed assets or can it be shown as misc. exps. as deferred revenue exps.??
My question is where to show such expenditure in balance sheet / P&L i.e. full treatment of such expenditure.
Whether it can be shown as Intangible assets under fixed assets or can it be shown as misc. exps. as deferred revenue exps.??
03 February 2011
You can show it is a intangible assets, it will be amortised as per life the product.
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