Question regarding Education expense


Joined
May 28, 2014
Messages
1
Reaction score
0
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!
 
Ad

Advertisements

Samir

VIP Member
Joined
Aug 15, 2013
Messages
363
Reaction score
38
Country
United States
Yes, you can treat that money in as paid-in capital in Sept, and expense the course later in Dec. :)
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top