company has incurred expenses for putting its brand label on the product packed.i want to know under what head the expenses should be included,whether undere printing & stationary or under Labeling charges under direct expenses.
kishore choudhury (article asst.) (114 Points)
08 June 2011company has incurred expenses for putting its brand label on the product packed.i want to know under what head the expenses should be included,whether undere printing & stationary or under Labeling charges under direct expenses.
mounika
(semi qualified chartered accountant)
(981 Points)
Replied 08 June 2011
i thinh company incurrers such exp daily as it in d process of selling. so they may b treated as selling exp and charged to p&l . so if wrong
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 08 June 2011
LABELLING CHARGES.
mounika
(semi qualified chartered accountant)
(981 Points)
Replied 08 June 2011
thanks sampath garu . if u dont mind, i need an explanation
mounika
(semi qualified chartered accountant)
(981 Points)
Replied 08 June 2011
thanks sampath garu . if u dont mind, i need an explanation
kaushal
(C.A. Student & Audit Assistant )
(44 Points)
Replied 08 June 2011
It should be included in the head of Labelling Charges..............
CA Harish Singh
(CA)
(401 Points)
Replied 08 June 2011
as per my view, you can treat it as labeling charges or Packaging charges under the head of direct expenses.
Sunshine
(Helping All)
(10575 Points)
Replied 08 June 2011
should be under labelling charges.....printing and stationery is something different...this is a direct expense.a part of packaging..
Rushi
(Practice)
(160 Points)
Replied 08 June 2011
It should be posted under labeling expenses. Which comes under purchase. You can also claim vat , which was levied on bill.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 08 June 2011
labeling expemses under the group direct expenses
Santhosh Poojary
(SIEMPRE AHÍ PARA TI)
(15607 Points)
Replied 09 June 2011
| Originally posted by : future ca | ||
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labeling expemses under the group direct expenses |
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Yes it should be labelling expenses under direct expenditure.
| Originally posted by : future ca | ||
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labeling expemses under the group direct expenses |
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