As per income tas act, R & D expenses shall be written of over a period of time. Every year portion of expenses is writtern off as it is classifed in operating expenses of the year.
Unwritten off portion of R & D Expenses shall be classified under intangible assets.
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
Proforma balance sheet is a projected balance sheet to predict the future of business.
Advertising expenses typically appear on the income statement rather than the balance sheet, as they are considered operating expenses incurred during a specific period. However, if advertising costs are associated with the development of a long-term asset, such as a brand, they may be capitalized as an intangible asset on the balance sheet. In general, most advertising costs are expensed immediately and do not appear on the balance sheet.
my balance sheet does not balance why?
Post balance sheet items are those items which arise after closing date of balance sheet that's why called post balance sheet items.
R&D goes on the income statement, generally as an operating expense in the current year. You can no longer capitalize (balance sheet) R&D.
Companies can effectively manage excess cash on their balance sheet by investing in short-term securities, paying off debt, returning cash to shareholders through dividends or buybacks, or reinvesting in the business through research and development or acquisitions.
Loan is on balance sheet
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
A balance sheet account is any item that is found on the financial statement known as the balance sheet. The figures reflected on the balance sheet, consist of the ending balance of the balance sheet account. After all the transactions are posted in the individual balance sheet account's "T" account (involving debits and credits), the ending balance is the amount found on the balance sheet.
grouping and marshalling in balance sheet grouping and marshalling in balance sheet
Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.
Proforma balance sheet is a projected balance sheet to predict the future of business.
balance sheet
my balance sheet does not balance why?
Advertising expenses typically appear on the income statement rather than the balance sheet, as they are considered operating expenses incurred during a specific period. However, if advertising costs are associated with the development of a long-term asset, such as a brand, they may be capitalized as an intangible asset on the balance sheet. In general, most advertising costs are expensed immediately and do not appear on the balance sheet.
EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.