What is capital expenditure?

Answer Posted / pradeep giri

Capital expenditure is on an item that will help generate
profits over the longer term (12 months or more) so a
purchase of a machine or van etc. The item is depreciated
over the items useful life and each depreciateable amount is
charged to the Income statement in the year the item has
help generate profit.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Difference between cash and merchantile system?

1822


How to enter PO in SAP

1452


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

1498


what is forecast

1110


Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1483






How good are you at Finance?

1650


difference betwwen the 4.6 & 4.7 ecc versions

1922


How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

1715


How to increase our credit rating score quickly?

1453


How and by whom the Percentage of Depreciation is fixing?

1950


pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com

1536


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

1970


Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1398


How can we calculate the total income of the company.

1510


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

1838