Interested to Buy Any Domain ? << Click Here >> for more details...
Expenditure incurred for the innovation of Guest house
building is revenue nature or capital nature ??
- 4 Answers
- 7583 Views
- Amazon, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / babhu kanchupalli
It is a capital expenditure.....because what ever the cost incurred to obtain the fixed asset and the cost incurred to increase the useful life. of the asset.....is included in the value of an asset.
For example : when we purchase a bike....we have to incure some extra amount for extra fittings like.....seat covers,helmet,accident guards,tank cover....like that.....all these expenses includes under bike cost.....when some asks about the price of your bike....you simply says the amount which includes all these extra fittings amount.......
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / lalitha
Its a revenue nature,its not a construction of guest house,
innovation only
| Is This Answer Correct ? | 1 Yes | 1 No |
What is absorption costing with defination? and what is marginal costin with defination?
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
Discount on issue of debentures is a __________ (a) Revenue loss to be charged in the year of issue (b) Capital loss to be written off from capital reserve (c) Capital loss to be written off over the tenure of the debentures (d) Capital loss to be shown as goodwill
“The investment, financing and dividend decisions are interlinked”. Comment.
What Is The Entry Of fixed Assets & Which Ledger? How Many Entries Are Posted For 1 Transaction? If We Paurchase Asset From XYZ Ltd. & Make Payment.
What is investment banking?
TDS mening
Difference Between LBO and MBO?
what is badts and its entries?
Tell me entries to revenues accounts such as service revenues are usually?
entry for cheque bounce
What does it mean to do accounting training outside of public practice?
Audit 
