capital expenditure , revenue expenditure

Answer Posted / bharathi.c

Revenue Expenditure means the expenses incurred to earning capacity of business in a current period is called as revenue expenditure.

example:rent,power,salaries etc...

where as capital expenditure means any amount spent to increase the earning capacity of the asset is called as capital expenditure.

example:expenditure on plant & machinery,properti etc..

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

write about an e-mail to manager seeking permission for leave

4352


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1436


A----------involves transfer of money or moneys worth from one person to another

1428


what is internal audit

1603


what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form

3591






send me accounting test ppaers

1733


how to download online - old ECR CHALLANS

4409


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

1666


Short Answer on ______Transaction

1533


You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

2808


can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

1906


objective of accounting

1530


Expand DPCO

1652


is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing

1721


what do u mean by single error and double error in accointing errors?

1694