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nikolay

03-08-2010, 06:29 AM
Hello all,

Could you please tell me are 'Asset Impairment and Exit Costs' part of General and Administrative Expenses or they are recognized as Other Expenses?

Thanks in advance for your help.

june23am

03-09-2010, 01:14 PM
they are operating expenses just like depreciation, baddebts etc. they did not cetagorised with other expenses. lets see what others say about it.
Accountancy Forum > The Profession > Accounting and Audit > Asset Impairment and Exit Costs