Interested to Buy Any Domain ? << Click Here >> for more details...
Expenditure incurred for the innovation of Guest house
building is revenue nature or capital nature ??
- 4 Answers
- 7357 Views
- Amazon, I also Faced
- E-Mail Answers
Answer Posted / babhu kanchupalli
It is a capital expenditure.....because what ever the cost incurred to obtain the fixed asset and the cost incurred to increase the useful life. of the asset.....is included in the value of an asset.
For example : when we purchase a bike....we have to incure some extra amount for extra fittings like.....seat covers,helmet,accident guards,tank cover....like that.....all these expenses includes under bike cost.....when some asks about the price of your bike....you simply says the amount which includes all these extra fittings amount.......
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the difference in accounting and marketing and what is so different about them?
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
Explain me bills receivable?
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?
what is cost unit n what is cost sheet?
Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90
how do made in finalization
What is the difference between accrual
Were i have to enter for agreements in tally and in which ledger it will come
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
