Is depreciation on fixed asset a capital expenditure
Answer Posted / shi
NO
Depreciation has no ties with Capital/Revenue
Expenditures, but simply it Reflects the Actual
BOOK VALUE of a certain Fixed Asset. A Depreciation
Schedule is prepared for this Asset, and its Debited
to its expense a/c either monthly or yearly.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
What is the relationship between, issued share capital, share premium and paid up capital?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
What is revaluation of assets.when it occurs
Expand-------MTRS
what is operational risk and market risk in basel 2 norms.
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
What is Acquisition?
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
Expand DEHM
what is ment by master in tally?
What is T+2 rolli g settlement cycle?
Expand---------PCDB
can any one send me payables real time scenarious or any projects
How to maintain Purchase Orders ? Please explain by proper format.
how we will prepare n file income tax returns for individuals?explain