Answer / megha

cap exp means expenditure on items for long term basis and
revenue expenditure is the expenditure on items used on
daily basis

Answer / shubha

Capital Expenditure is non-recuring exp, ie the benifits of
such expenditure is not only reaped in the accounting period
in which it is incurred, but also in the subsequent
accounting period.
Revenue expenditure is recurring expenditure. The benifits
of such expenditure is reaped in the same accounting period
in which it is incurred.

what is tax invoices

1 Answers  

---

what is the definition of derivative, what is a security?

2 Answers  

---

When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

0 Answers  

---

Purpose for maintained RG 23a Part II & RG 23c PArt II? give brief discussion....

2 Answers   TCS,

---

Tell us what is your proudest accomplishment?

0 Answers  

---

if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

0 Answers  

---

what is the journal entry for bank reconciliation.

4 Answers   Manisha Engimark,

---

While calculating TDS are we to take the value+Tax and then arrive at or take only the value

2 Answers  

---

I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

0 Answers  

---

If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes

0 Answers   ONGC,

---

What are accounting rules called?

0 Answers  

---

As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV

1 Answers  

---