Answer / megha

cap exp means expenditure on items for long term basis and
revenue expenditure is the expenditure on items used on
daily basis

Answer / shubha

Capital Expenditure is non-recuring exp, ie the benifits of
such expenditure is not only reaped in the accounting period
in which it is incurred, but also in the subsequent
accounting period.
Revenue expenditure is recurring expenditure. The benifits
of such expenditure is reaped in the same accounting period
in which it is incurred.

Tell me how many types of business transactions are there in accounting?

0 Answers  

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CAN WE SUBMIT SERVICE TAX CHALLAN MORE THEN ONE IN A MONTH

1 Answers  

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What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...

1 Answers  

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if we have charged vat @ 5% instead of 4% ,how can we rectify that invoice ?we have already send that invoice to our client and we have received that payment also .Invoice Dated 25/01/2010 Kindly advice on that .........

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please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

0 Answers  

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Difference between Horizontal & Vertical Balance sheet

3 Answers   Chartered Accountant,

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What is the general classification of accounts that usually ledger account involve?

0 Answers  

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HOW CAN I IMPORT OF DATA FROM TALLYERP9 VERSION WHAT WANT I WRITE "IMPORT FILE NAME (XML)" PLS ANYBODY CAN HELP ME

3 Answers  

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exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you

2 Answers   Chartered Accountant,

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how to calculate the income in accounting ?

2 Answers  

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What are the different fields of accounting?

0 Answers  

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goods with drawn by proprietor for household expenses

2 Answers   Cap Gemini,

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