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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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Guest
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| Posted: Fri Oct 03, 2003 6:10 am Post subject: Start-up Expense |
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| I have a client who started open his business in January, however, he has start-up expenses in December and I'm not sure how to journalize his start-up expenses. For example, the electrical service deposit, travelling expense, etc. Any feedback is appreciated. |
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Guest
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| Posted: Sat Oct 04, 2003 12:58 pm Post subject: RE: Start-up Expense |
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Robin True startup expenses amortized over a 60
month period starting with the start of business.
Since they are intangibles they would show in the other asset section |
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