Expenditure incurred for the innovation of Guest house
building is revenue nature or capital nature ??

Answer Posted / hari.corporate

It is Revenue expenditure

Reason : A revenue expenditure is a cost that you charge to
expense as soon as you incur it.

Is This Answer Correct ?    4 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell us why did you select accounting as your profession?

647


How calculate holding company account?

1631


What are the uses of journal in accounting?

647


what is a state cheque? how it differes from stale cheque?

1879


Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.

1598






How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

1398


Tell us what kind of work environment do you prefer?

586


shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

1899


Tell me different branches of accounting?

631


What are mis reports?

662


Is it mandatory for the employees staff of a School, if so give details

1570


CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT

1614


What is reversing journal entries?

610


Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

1406


My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher

1751