Distinguish between capital expenditure & revenue
expenditure
- 2 Answers
- 5247 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / megha
cap exp means expenditure on items for long term basis and
revenue expenditure is the expenditure on items used on
daily basis
| Is This Answer Correct ? | 11 Yes | 0 No |
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.
| Is This Answer Correct ? | 10 Yes | 0 No |
Dear sir, previosly i worked with hospital there i maintain only accounts only in tally, but now iam change my company to manufacturing unit there they using accounts with inventory there when we open tally i finding more options why?
Which type of transactions are used in TallyJournal?
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
What is cotangent Account?
What is the difference between Accruals and Provisions?
what is funds flow and what is cash flow?
how we maintain account for a coaching institute?
what is the difference between 'quotation' and 'proforma invoice'?
Explain me the difference between accounting and auditing?
What is BRS ?How do you prepare the BRS?
What accounts are to be debited and credited in this case o
Cello pen gross value is 935.89 for 12 nos 14.5% tax
Audit 
