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Capital and revenue expenditure

Accountancy

answered on 14-Dec-22 20:07

Is repair of fixed assets capital expenditure or revenue expenditure?

latest answer

Major repairs which increases benefits and efficiency is capital expenditure. Minor repairs for day-day activity is revenue expenditure

Dova Shaji

Dova Shaji

CA Inter

520

2

326

Issue of share

Accountancy

answered on 14-Dec-22 18:09

Answer please

latest answer

Thanks sister

Rishit Tiwari

Rishit Tiwari

CA Inter

425

2

293

Account Due Date

Accountancy

answered on 14-Dec-22 18:08

Answer please

latest answer

Question paper analysis video will be posted by IL team in YouTube shortly after exams

Rishit Tiwari

Rishit Tiwari

CA Inter

425

1

382

Bill of Exchange

Accountancy

answered on 14-Dec-22 18:08

Answer please

latest answer

Question paper analysis video will be posted by IL team in YouTube shortly after exams

Rishit Tiwari

Rishit Tiwari

CA Inter

425

1

248

Rectification

Accountancy

answered on 14-Dec-22 18:09

Answer please

latest answer

Question paper analysis video will be posted by IL team in YouTube shortly after exams

Rishit Tiwari

Rishit Tiwari

CA Inter

425

1

371

BRS

Accountancy

answered on 14-Dec-22 18:09

Answer please

latest answer

Question paper analysis video will be posted by IL team in YouTube shortly after exams

Rishit Tiwari

Rishit Tiwari

CA Inter

425

1

301

Depreciation

Accountancy

answered on 14-Dec-22 18:09

Answer please

latest answer

Question paper analysis video will be posted by IL team in YouTube shortly after exams

Rishit Tiwari

Rishit Tiwari

CA Inter

425

1

294

Branch Accounts

Accountancy

answered on 14-Dec-22 18:06

Why do Branch Accounts does not include Doubtful Debts & Debts recovered but only Bad Debts?

latest answer

Because it accounts only for the transaction that has happened and no uncertainty accountability.

Udaya Kumar

Udaya Kumar

CMA Inter

920

1

273

Doubt

Accountancy

answered on 22-Dec-22 11:57

Why salary and rent is not written in partners capital account

latest answer

OK sir thank you

sai t

sai t

CA Foundation

2K+

4

324

Why abnormal sale is reduced from sales ??

Accountancy

answered on 14-Dec-22 09:39

Why abnormal sale is reduced from sales ??

latest answer

It is not actually removed from sales. Just that they are separated from normal sales to get correct picture of gross profit ratio.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

805