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
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 ?
Who will audit an auditing firm?
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
Define decommission liability?
What does an internal audit charter contain?
what is the reason for controls in an IS environment?
How do you feel u contributed to its effectiveness?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
What are intangible assets?
What are the objectives of internal audit?
What is vouching?
What is external audit?
Would you consider alternative vacancies if so which:
How to Computation Advance Tax For First Quarter
What is the mean of statutory audit?