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How to capitalise & w.off

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2011 How to capitalise the expenditure incurred on publishing books on various types?
how to present in Balance sheet?

How to w/off over the period of year?
for that what are the standard crietria to decide ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 September 2011 Expenses on Publication of books not a capital expenses. no need to capitalise. debit in to revenue expeneses
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