Question regarding Education expense

[Katherine]

Hello. I need to know if I can capture this expense or not...

I PAID for a training course in September 2013, incorporated my business in November 2013 and the actual course took place December 2013 AFTER incorporation. Can I claim the expense with the business even though the payment occurred prior to it's incorporation?

Thanks for the replies!

 

[Samir]

Yes, you can treat that money in as paid-in capital in Sept, and expense the course later in Dec.