Answer Posted / lakshmi
capital expenditure:it is simply the benifit which we are
getting from any asset and which lasts for a longer
period .the benifit from any machinery,computer systems
lasts for a longer time.
revenue expenditure:it burns in every year.items recorded
in p&la/c.
Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Define social responsibility accounting
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
How do we calculate the cost of investment?
If the company acquires equipment prior to incorporation what are the accounting entries?
What is normative accounting?
i want to know f form and how to use and how can purchase
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
pls let me know double entry of 'LEASING"
Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.
How much statistics knowledge is necessary or required in accounting?
BRIEF IN DETAIL REGARDING RATIOS
How to prepare in yearly turnover?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .