Accounting treatment for Sponsorship (Income)?

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  • CuriousEL
    Full Member
    • Oct 2014
    • 28

    #1

    Accounting treatment for Sponsorship (Income)?

    Hi,

    Can someone help what is the correct accounting treatment for sponsorship received?
  • dellatjie
    Silver Member

    • Sep 2012
    • 335

    #2
    What was the purpose of the sponsorship? Did they sponsor it for something specific?

    Comment

    • CuriousEL
      Full Member
      • Oct 2014
      • 28

      #3
      Events company receiving sponsorship for events.

      Comment

      • Andromeda
        Gold Member

        • Feb 2016
        • 734

        #4
        It is income

        Comment

        • byington
          New Member
          • Aug 2018
          • 1

          #5
          hello what if it is sponsorship to a training event or if it is sponsorship for travelling expenses

          Comment

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