If in the previous financial year we engaged consultants and incurred other related expenses for raising capital but unsuccessful in raising capital, can the costs be offset against equity.
Add your answer here.
Check out some similar questions!
Cost of raising capital [ 2 Answers ]
Company is raising capital and it incurred some lawyers fees to write a contract for investors and have hired a consultant to find investors. Can I offset the cost of the consultant and legal fees against the capital raised and how would I treat this expense on the balance sheet? Is there any...
Accounting for direct acquisition costs of capital [ 1 Answers ]
Can you capitalize the direct cost (commissions) of bringing new members into a country club?
Accounting Sales Price Variable Material Costs Fixed Monthly Costs [ 0 Answers ]
I have no clue where to begen with this, I could use some help! Its due on Friday night and the teacher as done nothing to help here. I'm totally lost. The individual portion of this assignment is for each person to produce his/her own solution to the following. Claire’s Antiques has fixed cost...
View more questions Search