11-02-2009, 06:33 PM
Dear.
All those expenses having economic life of one or more years shall be treated as Asset and there is no need to expense out this. Moreover, calculate the profit and loss of the business after 4 or five months, so that you can easily analyze it.
regards
All those expenses having economic life of one or more years shall be treated as Asset and there is no need to expense out this. Moreover, calculate the profit and loss of the business after 4 or five months, so that you can easily analyze it.
regards