One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
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Answer / Pravin Kumar Pandey
This expense should be recorded as 'Purchased Services' under the Service Expense account in the Profit and Loss (P&L) account. The term for this expenditure would be the cost of the certificate from the branded institute.
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