Question
A company incurs heavy advertising expenditure of ₹2
crore in launching a new product. It wishes to defer the expense over 4 years. As per accounting standards, how should this be treated?Solution
As per AS-26 (Intangible Assets), such expenses are revenue in nature and should be fully written off in the year incurred.
'Nilgiri Hills' are known as the _______.
When will Anant Ambani start his term as Executive Director of Reliance Industries Ltd?
Which of the following scheme is launched to achieve electrification of every household by 2018
Which of the following computer languages is used to develop a static web page?
Which component predominantly indicates the acidic nature of soil?
Emmerson Mnangagwa is currently serving as the president of _________
Recently Supreme Court approved establishment of some special courts to prosecute criminal cases against legislators within a year. The number of courts...
What is the primary function of the newly launched SHe-Box portal by the Ministry of Women and Child Development (MoWCD)?
Who founded the Kuchipudi Art Academy in 1963 to promote the Kuchipudi dance form?
All the disinvestment by central government is managed by a department called DIPAM. Here A stands for
