visa expenses a deferred revenue exp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2010
whether visa charges and annual air ticket a deferred revenue expenditure for a beauty salon which employs beauticians from different countries and pays for annual air ticket and one month paid leave
CMA Ramesh Krishnan
(Expert)
22 August 2010
It is not deffered reveune expenses, if this is paid for future period can be considered as Prepaid expenses
05 June 2011
CMA Ramesh Krishnan is right
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