Interested to Buy Any Domain ? << Click Here >> for more details...
what is the capitla expenditure & revenue expenditure give
the 5 difference between capital & revenue expenditure and
also its example?
- 1 Answers
- 5083 Views
- I also Faced
- E-Mail Answers
Answer / abdul rashid
A capital expenditure is an amount spent to acquire or
improve a long-term asset such as equipment or buildings.
Usually the cost is recorded in an account classified as
Property, Plant and Equipment.
A revenue expenditure is an amount that is expensed
immediately—thereby being matched with revenues of the
current accounting period. Routine repairs are revenue
expenditures because they are charged directly to an
account such as Repairs and Maintenance Expense. Even
significant repairs that do not extend the life of the
asset or do not improve the asset (the repairs merely
return the asset back to its previous condition) are
revenue expenditures.
| Is This Answer Correct ? | 11 Yes | 0 No |
how to prepair the acccounting MIS report?
What is contingent liability.
What are the general ledgers
What is the working formula for Current Ratio
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
Why you consider yourself suitable for the position applied for?
2 Answers Actaris Industries, Bajaj, BH, Infosys, MRF,
Who prepare income and expenditure account and for what?
9 Answers Scope International,
what is calls-in-arrears?
plz send me a solved paper on SBI of clerk post
0 Answers State Bank Of India SBI,
what is open ended and close ended mutual funds?
What are the Functions of Accounting
what is Credit derivatives,equity derivatives,SWAPS?
Audit 
