Trail run income
This query is : Resolved
30 May 2014
HOw the Trail Run Expenditure will treated in the Accounting and please refer the Standard also.?
As per AS 10 - It mentions only about the expenditure and didt tell about the income treatment.. as per my view
As per AS 10 - It mentions only about the expenditure and didt tell about the income treatment.. as per my view
30 May 2014
in my opinion income must be reduced from capitalization, since you are not showing expenses, income also must not shown.
30 May 2014
YES I AGREE...WHERE IT IS GIVEN. AS 10 DISCUSS ABOUT THE EXPENSES ONLY NA
30 May 2014
YES I AGREE...WHERE IT IS GIVEN. AS 10 DISCUSS ABOUT THE EXPENSES ONLY NA
31 May 2014
https://www.icai.org/resource_file/20452dtc21.pdf
see above link , page no 7 para 2.12.
see above link , page no 7 para 2.12.
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