Prakash Ltd. makes preferential offer of shares for consideration other than cash. Name the two methods by which this non-cash consideration is treated in the books of account of Prakash Ltd.

As per rule 13(2)(j) of the Companies (Share Capital and Debentures) Rules, 2014, where the preferential offer of shares is made for a non-cash consideration, such non-cash consideration shall be treated in the following manner in the books of account of the company- where the non-cash consideration takes the form of a depreciable or amortizable asset, it shall be carried to the balance sheet of the company in accordance with the accounting standards; or where clause (i) is not applicable, it shall be expensed as provided in the accounting standards.