Some questions about Profit and loss and balance sheet

two companies that shares the same office

1. Just record the rent and rates in the account that the company A singed the rental agreement.

2. Company B share the office rent, company A need to issue a debit note to Company B for a services income.

3. The amount of rental charges that depend on the agreement of rental between Company A and Company B.


If the company has only been operating for around six months so far, is there a need to produce a balance sheet statement?

It is depend on the accounting policy of your company. Monthly or half-yearly.


Does the deposit of rent go into the balance sheet?

Deposit of rental is a Current Assents in Balance Sheet.


Does stamp duty go under expenses under p&l?

Stamp duty charges is under profit and loss accounts.


公司裝電話機,PCCW接駁商業電話fees...do they count as a asset or a expenses in P&L?

Installation of telephone is a Fixed Assets( Office Equipment) in the Balance Sheet.

PCCW接駁商業電話fees is telepehone charges in the Profit and Loss Account.

Some questions about Profit and loss and balance sheet
If there are two companies that shares the same office, how do i calculate the rent in P and L? divided the rent by two and put half which is 4650 in each of the P and l or just calculate the half rent as an revenue and take it as a payment by the company?

Does the deposit of rent go into the balance sheet?
If the company has only been operating for around six months so far, is there a need to produce a balance sheet statement?
Does stamp duty go under expenses under p&l?

公司裝電話機,PCCW接駁商業電話fees...do they count as a asset or a expenses in P&L?
補充時間：2007-06-25 12:21:21