Answer:
The answer to this question can be described as follows:
Step-by-step explanation:
The beginning expenses relate to the costs incurred in starting of the company. Once starting Activities lead to successful trade, instead of investment amounts. It can be removed throughout the taxable income for the company will be the year of graduation. In this question two blank is available, which can be described as follows:
- Expenditures payment of living for the new company.
- Rs 5000 reduced by half the start-up expenses surpass 50,000 as far as the new company.