Interested to Buy Any Domain ? << Click Here >> for more details...
what is the capitla expenditure & revenue expenditure give
the 5 difference between capital & revenue expenditure and
also its example?
- 1 Answers
- 5015 Views
- I also Faced
- E-Mail Answers
Answer / abdul rashid
A capital expenditure is an amount spent to acquire or
improve a long-term asset such as equipment or buildings.
Usually the cost is recorded in an account classified as
Property, Plant and Equipment.
A revenue expenditure is an amount that is expensed
immediately—thereby being matched with revenues of the
current accounting period. Routine repairs are revenue
expenditures because they are charged directly to an
account such as Repairs and Maintenance Expense. Even
significant repairs that do not extend the life of the
asset or do not improve the asset (the repairs merely
return the asset back to its previous condition) are
revenue expenditures.
| Is This Answer Correct ? | 11 Yes | 0 No |
The total sales is more than the production then what is this situation called
Short Answer on ___________Arbitrator
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
with out college degree con't we dc accounting job?
Which of the following is not the sub field of accounting A.Management accounting B.Cost accounting C.Book-Keeping D.Financial accounting
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
fill in the Blanks Senior citizens are exempted from Taxes if their income falls below______________
expand V R D
what is difference between revenue and capital?give me example?
what is the difference between Purchase order and invoice
Journal entries if the following line items are given as adjustment in balance sheet and p l a/c Fire accident of inventory Case 1. No insurance coverage Case 2.partly insurance coverage Case 3. Fully insurance coverage
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
Audit 
