Preopening expenses
This query is : Resolved
08 July 2013
Preopening Expenses such as food cost, training cost etc of subsequent chain of restaurants to be capitalised or fully expensed out.
is there any notification regarding expense out preopening expenses of subsequent restaurents.?
Thank You
Sohil
is there any notification regarding expense out preopening expenses of subsequent restaurents.?
Thank You
Sohil
Hemant Kumar
(Expert)
08 July 2013
To be capitalized as a pre-operative expenses.
Message likes :
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08 July 2013
YES IT SHOULD BE CAPITALISED.
08 July 2013
Sir,
Food cost means purchases, the same to be capitalised as preoperative expenses.??
Thank you
Food cost means purchases, the same to be capitalised as preoperative expenses.??
Thank you
08 July 2013
All direct exp should be capitalised.
Message likes :
1 times
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