Hoarding board expenses


This query is : Resolved 

26 July 2016 Hoarding Board expenses incurred of 300000. Weather is it capital or Revenue expenses
Thanks in advance












27 July 2016 If the hoarding board is used for the purpose of advertisement of the company, it has to be shown as revenue expenditure under the head advertisement. If the payment for the hoarding board is made so that the same can be given on rent to any other company, it has to be treated as capital expenditure


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