what is the difference between capital and revenue
expenditure
Answer Posted / naveen
revenue Exp., means one transaction which can benefit and
that tran..repeats in one a/cing year.
Ex: printing & Stationery , Salaries Etc.,
capital Exp., which transaction benefit the more than one
accounting year Ex; Plant7Machinery , Buildings etc.,
| Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
Explain the basic principles of an internal audit controlsystem?
What is an internal audit and what is the role of internal audit?
What is the purpose of meeting in audit?
What does an internal audit charter contain?
What are the essential of internal audit?
What are the reasons for getting audited?
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??
Why a company or firm should carry out the audit related work.
What is CARO 2003? What do you mean by management audit?
What are the objectives of internal audit?
Explain the difference between internal audit and statutory audit?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
Explain the importance of evaluating an internal audit department?
What are the different advantages and disadvantages of internal audit?