11-01-2007, 07:31 AM
my understanding is......as its to be displayed at sales centre....and only purpose is adverstisement.....it should be expensed out..
as mentioned by kamran..
its not an intangible
it doesn't involve research or improvement of any kind...
also...as i remember.....benchmark is to expense out everything....only under certain conditions it can be capitalised.....
as mentioned by kamran..
its not an intangible
it doesn't involve research or improvement of any kind...
also...as i remember.....benchmark is to expense out everything....only under certain conditions it can be capitalised.....