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capitalisation of advertisement expenses
whether advertisement expense is treated as defferred revenue expenditure or capitalised . if capitalised what are the conditions for capitalisation
Replies (2)
Havy Advertisemrnt expense are deferred revenew expenditure , because benefits of such advertisement expense will be available over the next 3 to 5 years , but one can not say precisely how long .
Now as per AS 26 advertisement expense will be recognised as expense as and when incurred.
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