Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
Answer Posted / nagoor
Revenue expenditure with an incure the one accounting
period,and it non recoverable it generated current period.
eg:salaries,depreciation
Capital expenditure is a income genarated for long term.
that expenditure create a employment,aqusation of new
machenery, long term fixed asset.
eg:aquasation of machenery, wages.
Deffered revenue expenditure is a genarated morethan one
accounting period.generally it expanse 2-5 years.
eg:loss of money out of the business hours.
Is This Answer Correct ? | 13 Yes | 10 No |
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How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
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