Revenue or capital expenditure

This query is : Resolved 

26 April 2017 Dear All,
We are manufacturing foam mattresses. This year my company has decided to take bar code for the product. So, my query is :- (a) What is Bar Code & it gives benefit to the co. (b) Co has paid annual regn fees & other related charges to the agency, This amt i have to take in which head? Is it revenue / capital expenditure?

Pls explain me in details.

Thanks in advance

Anjan S. Mehta

26 April 2017 It is a revenue expenditure. Bar code helps in computerised billing through bar code reader.




27 April 2017 Thanks Sir, But in which account head to be taken?

28 April 2017 Pls answer for the accounting head of my above mentioned query.

thanks

29 April 2017 Account it as marketing expenditure.


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