Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?
- 2 Answers
- 5143 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Capital Expenditure - Amount spent on Purchase, Construction
or Creation of a Capital Asset (Fixed Asset)or long term
asset. Total amount spent will be accounted as cost of asset.
Capital Revenue - Amount received from the sale of a long
term asset. Total amount will be split in to WDV & profit
(if the sale proceed is more than the Written Down Value).
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
What are the various systems of accounting? Explain them.
Capital secure should be shown in which side of the balance sheet?
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
What is accounting normalization?
how to calculate basic to gross salary
what is a difference between public and private accounting?
i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
What are source documents in accounting?
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Debit Card Come Under Which group in Tally 9?
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income
how to pass journal entries for reverse tax on input tax paid
i want to know f form and how to use and how can purchase
