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 the difference between General Ledger and Ledger?

1 Answers   Cap Gemini,

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Baddebts can charged to opening balance having credit balance?

3 Answers  

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How will service tax & excise be charged?

1 Answers  

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Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.

1 Answers  

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How we change the Opening Stock or Closing Stock of any item in tally?

1 Answers  

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What is the maximum amount of Bank DD or PO we can make in INR?

2 Answers  

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opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.

3 Answers   State Bank of Mysore SBM,

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Is it compulsary to give TOEFL for applying US visa.

1 Answers   US Consulate,

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what is difference between capital reserve n reserve capital?

3 Answers  

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4- What do you mean by journals and journalizing?

1 Answers  

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what is the realtime work and process on provident fund(pf) as accountant?

1 Answers  

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paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1 Answers   Real Group Of Companies,

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