WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?

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


Please Help Members By Posting Answers For Below Questions

What is the entry for closing stock value reduction?

2090


Explain the accounts payable cycle

696


Define partitioning in accounting?

1129


our cheque to Arshad Khan was dishonored?

968


What is the formula for acid test ratio in accounting?

607






how to calculate basic to gross salary

1516


what is service tax & excise? How will it be charged?

601


whats difference between manufacturing account & cost account

1655


Tell me about a situation where you showed determination?

582


Knowing what you know now, walk me through what you would do differently to drive even more success?

603


What is the networth percentage observe by banks

1574


salary and rent entry with tds deduct

1246


what is apply SI post

1552


what is retention? how caculate on asset

1750


Define public accounting?

641